"Flexible” and “targeted” regulations of so-called “sharing economy” services like Uber and Airbnb may be necessary, the head of the Federal Trade Commission said Friday.
In a speech at Fordham University Law School, FTC Chairwoman Edith Ramirez warned that imposing “legacy regulations on new business models” can stifle competition and ultimately leaves consumers worse off. But, she said, regulators shouldn’t shy away from enforcing important consumer protections on issues like health, safety, or privacy.
FTC Chief Calls for “Targeted” Regulation of Uber, Airbnb
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