Fisher Phillips Attorneys Discuss The FTC’s Antitrust Warning to Gig Economy Businesses
News
9.29.22
In an article by Modern Shipper, John Polson and Michael Holt discuss the Federal Trade Commission’s (FTC) antitrust warning to gig economy businesses, noting that they will begin cracking down on worker misclassification and other anticompetitive conduct. They explain that the FTC’s plan is to "take on businesses that misrepresent workers’ potential earnings, wrongfully use artificial intelligence to evaluate worker productivity, and engage in wage-fixing with other gig companies." They also note three key situations where the FTC may investigate, including misrepresentation about the nature of gig work, diminished bargaining power, and concentrated markets.
To read the article visit Modern Shipper.
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