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Regulating the sharing economy
The link between consumer protection and smart regulation ACF 2017 | Knut Fournier |
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The sharing economy Increased interest Literature and public
Technological advances Definition Online platform Asset not owned by the platform
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Two consequences A triangle The platform may or may not be regulated
Online platform Asset not owned by the platform Two consequences
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The problem with the unregulated platform
Counter-cyclical Consumer protection Social protection Online platform Asset not owned by the platform Backlash
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Case study: the ACCC approach
2015: Report on the sharing economy What is it? State of play in Australia Impact on existing regulation Effectiveness of self-regulation Online platform Asset not owned by the platform Rational Quantifying benefits Listing regulatory issues A consumer-centric approach
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The ACCC sharing economy guidelines
2016 Three documents Platforms Consumers Traders A reminder, rather than new rules Consumer-centric Limits of self-regulation Online platform Asset not owned by the platform
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Regulating Uber in Australia
2011: Victoria inquiry November 2013: Uber launches in Sydney December 2013: Final Victoria taxi report 2015: ACCC report Late 2015: new regulation in ACT 2016: ACCC guidelines July 2016: regulation in South Australia Currently: Uber is regulated in most Australian states submissions, over 16 months. Professor Allan Fells
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Debating Uber: the cooling effect of the ACCC
Consumer protection guarantees Jurisdiction and expertise Pre-emptive strike Online platform Asset not owned by the platform Debating Uber: the cooling effect of the ACCC
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Comparison UK Singapore Hong Kong
Government’s plan to create a premium taxi service is insufficient to meet consumer demand for better services; CC proposes a progressive and transitional approach to regulating ride-hailing, to minimise the disruption for the taxi industry; CC suggests the introduction of a regulatory scheme with three types of permits (platform, car, driver) Quota mechanism Regulatory conditions Licensing requirements Market segregation.
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Thank you Knut Fournier |
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