Politics

The fight to Regulate the Sharing Economy

The rapid growth of the sharing economy has become a major point of concern for New York City lawmakers, who worry that the disruptive activities of companies like Airbnb and Uber spell trouble—and not just for the traditional industries they compete with but also for everyday New Yorkers, who are increasingly exposed to safety hazards posed by illegal hotels and unregulated taxis, as well as soaring rents. In this issue, City & State delves into what the sharing economy actually is, and how two high-profile companies are shaking up business as usual in the city.