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SHOWDOWN: California law on rideshare drivers may hurt gig economy…

“The law, if enacted, challenges the business model of the rideshare platforms and others which depend on workers taking on “gigs” as independent contractors” writes Rob Lever for The law “does not provide drivers benefits; give them the right to organize, or classify them as employees,” Uber chief legal officer Tony West said on a call with reporters.”We fully expect gig economy companies to continue to push back and find a middle ground, but it’s unclear if and how much they will start paying in the interim period,” Ives said in a research note.

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