The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #01161

Submission Number:
01161
Commenter:
Kenny Joyce
State:
Hawaii
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Small businesses that are obligated to operate under a set of rules are being driven out of business by informal operators that have none of the overhead associated with operating legitimately. The majority of listing on sites like AirBNB are not operated by a single individual but but large operations that have dozens or even hundreds of listings, many of which are disguised and difficult to track. Enormous amounts of tax dollars that are supposed to be collected from these operations go uncollected, further reducing the ability of agencies that regulate our industry to enforce existing laws. Thank You