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ITIF Urges Protection, Development of Sharing Economy

The Information Technology and Innovation Foundation (ITIF) urged the FTC in comments filed with the commission last week, to support the sharing economy by taking a light-handed regulatory approach and fighting "anti-competitive laws" tailored to incumbent businesses. The comments are…

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among nearly 2,000 filings submitted to the FTC in response to its June workshop on various issues raised by the sharing economy (see 1508050043). The FTC should launch an effort "to use its authority to provide continuous oversight of anticompetitive regulations that impede innovation in the market" by identifying policies that limit the sharing economy and recommending changes "to ensure that competition in the sharing economy flourishes," ITIF said.