Wind Blows in Favour of Collaborative Economy

Accepting that Uber, Airbnb and crowfunding are here to stay, the National Markets and Competition Commission of Spain is in favor of reducing requirements for traditional operators and not adding any new regulations for incoming competitors.

Tuesday, March 15, 2016

EDITORIAL

The incursion of digital platforms that connect users through collaborative schemes has invaded economies and made life easier for users, but has caused complications for governments whose laws are one step behind the progress being made in markets.

See also: "Welcome Competition Unleashed by Uber"

In a report published by Confidencial.com, recommendations are given that governments could follow in light of the emergence of a collaborative economy, which in the case of Uber, for example, brings benefits to supervision, thanks to "... computer records of transactions which can facilitate control by fiscal or administrative authorities, and the quality of services which can be improved through more competitive systems, reputation and repeated interaction."

See also: "Hemodialysis, Airbnb and Uber"

The National Commission on Markets and Competition of Spain suggests that "... the absence of regulation could be, in some cases, the optimal solution. If a regulatory response is given, general interests should be prioritized, not the interest of a group of economic operators. A regulatory response should only be considered proportionate if there are market failures (externalities, asymmetric information) if the market alone can not achieve public interest objectives; or asymmetric treatment exists regarding operators subject to public service obligations", reported Confidencial.com.

See also: "Panama: Hotels vs. AirBnB War Continues"

"... The response from the authorities does not have to consist of more regulation for new entrants, but could focus on reducing the requirements for traditional operators when these requirements are unnecessary or disproportionate".

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Hemodialysis, Airbnb and Uber

February 2016

People with kidney failure can now travel normally, covered by a coalition of companies united by the concepts of a sharing economy.

EDITORIAL

The best demonstration of the advantages that exist today because of the unstoppable "sharing economy" is the association of global companies Uber and Airbnb with 0a Uruguayan startup, Connectus Medical, to help solve the problem of the travel needs of people who need regular hemodialysis treatment.

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