Upcoming Event: Sharing Economy. The challenge of balanced regulation

Photo credit: Uber & AirBnB Logos

The ‘Sharing Economy’ has created a new environment for ‘traditional’ businesses. Internet platforms and the proliferation of smart technologies have led to lower transaction costs for service providers and users. Ratings and reviews have resolved the problems of information asymmetry. In the transport industry this has contributed to disruptive changes and challenges for licensing and regulation. While the Sharing Economy has increased competition and lowered prices, these businesses fear for their long established modus operandi.  Regulation has turned out to be one of the major challenges in the field of the ‘Sharing’ or ‘Collaborative Economy’. EU Member States have handled this issue quite differently from each other.

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