And now the Federal Trade Commission wants to talk about what it means for consumers. The agency announced Friday it will host a public workshop to "examine competition, consumer protection, and economic issues raised by the proliferation of online and mobile peer-to peer business platforms" in June.
“We are seeing a dramatic growth in products and services that are built on peer-to-peer platforms, such as ride-sharing and property rentals, as more entrepreneurs harness the power of technology to reach more consumers,” said FTC Chairwoman Edith Ramirez in a press release. “Through our workshop, we want to better understand the competitive impact of these new business models, as well as their interactions with existing regulatory frameworks.”
Math is like love -- a simple idea but it can get complicated. -- R. Drabek