The bill Uber and Lyft fought against passed, and it could shake up the gig economy

A California bill could be a game-changer for Uber, Lyft, and other companies in the gig economy. 

The bill, AB5, was passed by California's senate late Tuesday night. It would make gig economy companies recognize their workers as employees, as opposed to independent contractors. That would bring wage and benefits protections, like guaranteed minimum wage, health insurance, overtime pay, and the ability to unionize.

Unsurprisingly, Uber and Lyft are solidly opposed to the bill even as they switch tactics from trying to beat the bill to trying to cut a deal with drivers. 

The bill will essentially put into law what the California Supreme Court decided in the spring of 2018 in the Dynamex Operations West, Inc. v. Superior Court case. Read more...