The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00314

Submission Number:
00314
Commenter:
Benjamin Fogarty
State:
New Jersey
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I am writing about Airbnb. This website must be taxed in order for local businesses (such as hotels, hostels and bead and breakfasts) to compete. Airbnb represents a hotel market that is easily saturated, which drives prices down and puts taxpaying, regulated businesses with many employees out of business.