Profiles

Obsolete laws threaten the global online sharing economy, but who will win in the end?

- May 15, 2014 3 MIN READ

Today, businesses established for decades feel threatened by newly arrived competition using the Internet in novel ways. This applies especially to what is broadly termed “the online sharing economy” – a system that uses the Internet to connect people who have a specific need for a product of service with those who have spare capacity of the product or service.