“Uber Technologies Inc. and Airbnb Inc. have set their sights on global expansion”, writes Bloomberg. “They’re about to face a global response.” Mayors from New York to Paris to Seoul think they’ve found the trick to coping with so-called “sharing economy” apps — working together. Ten markets are jointly preparing a unified rule book in a bid to leverage their combined size to promote clearer ground rules.
According to Bloomberg “these companies have been used to dealing with regulators, but they’ve done so mostly on a city-by-city basis. That’s about to change: Representatives for cities that also includes Athens, Barcelona and Toronto, have started their first concerted effort to produce a common framework. While there’s no white paper or policy drawn up yet, multiple city representatives met for the first time last month in Amsterdam to discuss. Paris is calling for a first publication by October.”
“Having the 20 or 30 biggest urban markets of the world all operating under entirely different rules doesn’t do much good for anyone,” Wiley Norvell, spokesman for New York Mayor Bill de Blasio’s deputy for housing and economic development told Bloomberg. “We want consumers and tourists to have some consistency, city to city,” he said, to “leverage the size of markets, which together are enormous, so that the voice of cities will actually make an impact.”