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>> NEW YORK CITY Latest News

SEP 21, 2013 - Time

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Don’t Be Afraid to Share: Ridesharing Companies Lyft, Sidecar, UberX Get Official OK in California

Regulators know how to regulate traditional businesses. But they haven’t been sure how to handle “sharing economy” businesses like Airbnb, RelayRides, and Lyft, which involve tech-assisted peer-to-peer sharing of lodging, cars, and car rides, respectively. It’s often been difficult for participants to simply confirm whether or not these “sharing” arrangements are legal. But now we have a little clarity—at least in terms of the sharing of car rides, at least in California. To varying extents, sharing economy businesses have been operating in a murky world ... Read More

Tags: Don’t Be Afraid to Share: Ridesharing Companies Lyft, Sidecar, UberX Get Official OK in California,  New York City Latest News