Presentation is loading. Please wait.

Presentation is loading. Please wait.

Regulating the sharing economy

Similar presentations


Presentation on theme: "Regulating the sharing economy"— Presentation transcript:

1 Regulating the sharing economy
The link between consumer protection and smart regulation ACF 2017 | Knut Fournier |

2 The sharing economy Increased interest Literature and public
Technological advances Definition Online platform Asset not owned by the platform

3

4 Two consequences A triangle The platform may or may not be regulated
Online platform Asset not owned by the platform Two consequences

5 The problem with the unregulated platform
Counter-cyclical Consumer protection Social protection Online platform Asset not owned by the platform Backlash

6 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

7 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

8 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

9 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

10 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.

11 Thank you Knut Fournier |


Download ppt "Regulating the sharing economy"

Similar presentations


Ads by Google