Ride-sharing company Lyft to pay $250k in settlement
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PITTSBURGH (AP) – Officials say San Francisco-based ride-sharing company Lyft will pay $250,000 as part of a settlement agreement with the Pennsylvania Public Utility Commission.
The bureau filed a formal complaint against Lyft in 2014, alleging the company was operating as an unlicensed broker of transportation for compensation in Allegheny County.
Officers with the PUC’s Bureau of Investigation and Enforcement used Lyft several times last spring before filing their complaint.
Although a cease-and-desist order was issued in July 2014, PUC officials say Lyft did not suspend operations.
Lyft and rival company Uber were both eventually granted a two-year experimental license to operate statewide.
Under the settlement terms, which received final approval Wednesday, Lyft admits no wrongdoing or violation of law.