Why New York's crackdown on Uber, Airbnb may spread around the world | Owners Corporation Network

Why New York's crackdown on Uber, Airbnb may spread around the world

Until recently, when they were glossy new additions to the economy, Uber and Airbnb had managed to escape regulations that applied to their traditional rivals in the taxi and hotel industries. Now one of the biggest cities in the world - and one of the companies' most important markets - has declared the jig is up. Dr Veena Dubal, an associate professor of law at the University of California, says New York's recent moves will send a signal to governments around the world, including Australia's, that it is time to more aggressively regulate these services.
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