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California Legislation Could Be a Big Problem for Lyft and Uber

Ruchi Gupta
California Legislation Could Be a Big Problem for Lyft and Uber

Lyft (LYFT) and Uber Technologies (UBER) are pushing back against California legislation that would require them to recognize their drivers as employees rather than independent contractors. The legislation would require companies like Lyft to give their drivers the compensation and benefits spelled out under California’s employment regulations.