Uber will pay a settlement of $20m in response to charges that it misled drivers about their potential earnings and lied about the cost of buying or leasing a car through the company. The charges were issued by FTC. The watchdog found that Uber said drivers in New York could earn $90,000 annually. But in reality, drivers in the city were earning $61,000 or less. The $20m settlement will be distributed among drivers impacted by the ride-sharing giant's false claims.
Uber will pay a settlement of $20m in response to charges that it misled drivers about their potential earnings and lied about the cost of buying or leasing a car through the company. The charges were issued by the US Federal Trade Commission. The watchdog found that Uber said drivers in New York could earn $90,000 annually. But in reality, drivers in the city were earning $61,000 or less. The $20m settlement will be distributed among drivers impacted by the ride-sharing giant's false claims.