04 Jun '13, 9am

New York vs. the Sharing Economy

New York vs. the Sharing Economy

“Innovation, by its nature, does not always fit within existing structures,” Andre Haddad, CEO of RelayRides wrote in a blog post on May 15, announcing that RelayRides will stop accepting reservations for New York vehicles until further notice. This is certainly one way to explain their legal trouble in New York. Another way is that these companies help transform people into service providers without adhering to the same rules and regulations that apply to the traditional service providers they try to replace, and the legal framework they do have in place seems to be inadequate from the regulator’s perspective.

Full article: http://www.triplepundit.com/2013/06/new-york-airbnb-wake-...

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