A PYMNTS Company

US: FTC not looking for a fight with Uber, Airbnb

By  |  June 9, 2015

A top official with the Federal Trade Commission said Tuesday morning that the agency was not planning a “big enforcement push” against sharing economy companies like Uber and Airbnb reports the Financial Times.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The comments from FTC Commissioner Maureen Ohlhausen kicked off a workshop the regulator is holding on the sharing, or on-demand, economy.

    In her remarks, she reassured the growing industry that the regulator’s interest was not indicative of a plan to investigate or punish companies for violating the law.

    “While it is true that some of those efforts later led to some investigations and even a few enforcement actions, I want to assure you that we did not convene today’s workshop as a prelude to some planned, big enforcement push in this space,” she said.

    “I am going to repeat myself here because I really cannot stress this enough: interest in new developments in the economy by the FTC does not automatically portend a flurry of future enforcement actions,” she added moments later.

    Full content: The Financial Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.