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Open Access Journal Article

Regulatory Challenges in the Sharing Economy

by Sophia Johnson 1,*
1
Sophia Johnson
*
Author to whom correspondence should be addressed.
FLPR  2023, 41; 5(2), 41; https://doi.org/10.69610/j.flpr.20230816
Received: 15 June 2023 / Accepted: 20 July 2023 / Published Online: 16 August 2023
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Abstract

The sharing economy has emerged as a transformative force in the modern marketplace, disrupting traditional business models and creating new opportunities for consumers and entrepreneurs alike. However, this paradigm shift presents a myriad of regulatory challenges that policymakers and industry stakeholders must navigate. This paper delves into the key regulatory challenges faced by the sharing economy, focusing on issues such as consumer protection, data privacy, market competition, and labor rights. It argues that while the sharing economy offers significant benefits, it also necessitates a careful balance between fostering innovation and ensuring the well-being of its participants. The paper examines case studies of successful and problematic sharing economy platforms, highlighting the complexities of creating effective regulatory frameworks. Furthermore, it proposes a set of recommendations for policymakers to address these challenges, emphasizing the need for flexibility, transparency, and collaboration between different sectors.

Keywords: Sharing Economy, Regulatory Challenges, Consumer Protection, Data Privacy, Market Regulation.;
Copyright: © 2023 by Johnson. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Johnson, S. Regulatory Challenges in the Sharing Economy. Frontiers of Law & Policy Research, 2023, 5, 41. https://doi.org/10.69610/j.flpr.20230816
AMA Style
Johnson S. Regulatory Challenges in the Sharing Economy. Frontiers of Law & Policy Research; 2023, 5(2):41. https://doi.org/10.69610/j.flpr.20230816
Chicago/Turabian Style
Johnson, Sophia 2023. "Regulatory Challenges in the Sharing Economy" Frontiers of Law & Policy Research 5, no.2:41. https://doi.org/10.69610/j.flpr.20230816
APA style
Johnson, S. (2023). Regulatory Challenges in the Sharing Economy. Frontiers of Law & Policy Research, 5(2), 41. https://doi.org/10.69610/j.flpr.20230816

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