Government
Dec. 24, 2013
'Sharing economy' runs up against laws on the books
Peer-to-peer services such as lodging marketplace Airbnb are based on collaboration, but its practices often run up against laws designed to do just the opposite: protect people from one another.
Daily Journal Staff Writer
The so-called "sharing economy" is more mainstream than its relatively esoteric name might suggest. Peer-to-peer rental services, which allow users to share anything from apartments to lawn mowers, make up an estimated $26 billion a year industry. In 2013 alone, more than 6 million people used peer lodging marketplace Airbnb Inc., the company announced Thursday. Other services allow users to rent th...
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