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Lyft CEO says government shouldn't be involved in ride-share price setting
LYFTLyft(LYFT) Fox Business·2024-03-11 18:25

Lyft CEO David Risher believes the government shouldn't be involved in the ride-share price-setting game.  "I think there's maybe a misunderstanding in the world that central governments can set prices in a way that works," Risher told FOX Business. The CEO was responding to the Minneapolis City Council voting to mandate a minimum wage for drivers and the Labor Department’s rule that would reclassify millions of gig workers as employees. Lyft has already said the department’s rule, which takes effect on Mon ...