Chicago Workers’ Compensation Lawyers & Illinois Injury Lawyers

Elizabeth Warren is preparing a plan to ban mega mergers, which would then open the door for rideshare drivers to unionize

| Dec 5, 2019 | Automobile Accidents, Uber/Lyft Workers, Workers' Compensation |

Senator and presidential hopeful Elizabeth Warren is drafting a bill that would ban “mega mergers” between the nation’s largest companies as well as try to improve the bargaining power of short-term and temporary workers.

The forthcoming legislation, a collaborative effort with Rep. David Cicilline of the House antitrust subcommittee, would bar tie-ups including a company with over $40 billion in annual revenue or two companies each with at least $15 billion in annual revenue, according to a person familiar with the matter.

It would also grant gig workers the power to unionize, a potential landmark change for rail-hailing companies like Uber Technologies and (click here) to read the full article via CNBC.