The Collaborative Economy is one of the most significant economic developments of the last decade. The social, economic and environmental benefits brought by the Collaborative Economy are substantial, as communities are brought closer together, services are improved and assets are maximised. Gross revenue in the European Union from collaborative platforms and providers was estimated to be EUR 28 billion in 2015.
Not a short-term phenomenon
Nonetheless there are concerns, despite the benefits the Collaborative Economy brings. Policy makers have struggled to reconcile the opportunities with their existing legal frameworks and competition with traditional industries. EU members have acknowledged that the Collaborative Economy is not a short-term phenomenon but an important long-term driver for positive change and economic growth. Change, however, can take time.
In June 2016, in order to help European Member States reap the benefits of the Collaborative Economy and clarify the application of EU law, the European Commission published its ‘European Agenda for the Collaborative Economy.’ The Commission’s Communication addresses the 5 areas of ‘Market Access Requirements,’ ‘Liability Regimes,’ ‘Protection Of Users,’ ‘Self-employed And Workers,’ and ‘Taxation.’
A reference tool for policymakers, academics, and businesses
Over the past months, EUCoLab has been gathering examples of regulatory best practice that has been led by national or local governments or by companies that help promote the Collaborative Economy. There are many examples of laws and policies that limit the development of this sector. However, EUCoLab wanted to promote the best work that has been done and provide a reference tool for policymakers, academics, business, or any stakeholder that might be interested in the development of regulation and policy for the Collaborative Economy.