The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #02009

Submission Number:
02009
Commenter:
lo
State:
Texas
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
when credit card companies charge you a hefty 21% interest rate, can you fight with these monsters? Or, according to your simple but stupid logic, don't use credit card at all. Only the government can step in and force these credit card companies lowering down their interest rate through regulation and legislation. Same scenario exists in Uber. Uber takes out 28% to 40% from the trip fare by just providing a simple and often crashed app. Government shall force Uber bow down to reduce what it can take out from the fare.