Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
AP
Juno's post-acquisition saga continues: A guild representing drivers has filed a complaint to the Federal Trade Commission accusing the ride-hailing startup of misleading drivers when it promised to give them company stock. Last month, when Juno sold to another ride-hailing company, Gett, it canceled its stock program for drivers, and instead paid them cash bonuses.
Too good to be true: From the start, Juno advertised itself as the "anti-Uber" in every way, including taking a smaller cut from driver earnings, providing better on-boarding and help, and most notably, by including them in the company's long-term success through its stock program. However, Juno's cancelation of the program prompted the Independent Drivers Guild, which filed the FTC complaint, to call the move a "bait-and-switch."
Mutual suspicion: From the start, Juno and the the Independent Drivers Guild weren't entirely friendly, as Bloomberg notes. The IDG was formed last year as a compromise between Uber and drivers to allow them some form of union representation (though it's not a union as independent contractors can't be in one). Uber's contribution toward its administration fees made it appear not entirely independent in Juno's eyes. The IDG, on the other hand, has not been pleased with Juno's dismissal of having its drivers represented by an organization.