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Changes in Regulatory Laws Over the Sharing Economy Business on the Example of Brazil: A Crucial Point for Its Feasibility

Changes in Regulatory Laws Over the Sharing Economy Business on the Example of Brazil: A Crucial Point for Its Feasibility

Luiz Guedes da Luz Neto
Copyright: © 2020 |Pages: 16
ISBN13: 9781799845430|ISBN10: 1799845435|EISBN13: 9781799845447
DOI: 10.4018/978-1-7998-4543-0.ch001
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MLA

Neto, Luiz Guedes da Luz. "Changes in Regulatory Laws Over the Sharing Economy Business on the Example of Brazil: A Crucial Point for Its Feasibility." Strategies for Business Sustainability in a Collaborative Economy, edited by Ramona-Diana Leon, IGI Global, 2020, pp. 1-16. https://doi.org/10.4018/978-1-7998-4543-0.ch001

APA

Neto, L. G. (2020). Changes in Regulatory Laws Over the Sharing Economy Business on the Example of Brazil: A Crucial Point for Its Feasibility. In R. Leon (Ed.), Strategies for Business Sustainability in a Collaborative Economy (pp. 1-16). IGI Global. https://doi.org/10.4018/978-1-7998-4543-0.ch001

Chicago

Neto, Luiz Guedes da Luz. "Changes in Regulatory Laws Over the Sharing Economy Business on the Example of Brazil: A Crucial Point for Its Feasibility." In Strategies for Business Sustainability in a Collaborative Economy, edited by Ramona-Diana Leon, 1-16. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-4543-0.ch001

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Abstract

The shared economy gained importance in the early 21st century, gaining scale through the internet. With this, various business models were created, offering innovative products and services to people. Many of the businesses in the sharing economy, because of their innovative character, challenge state regulation, which still does not know how to fit them, because, as disruptive, these businesses no longer seem to fit into traditional legal categories. And this difficulty in the legal framework can create burdens on innovative companies that can negatively impact results, as well as maintaining these companies in the market in a competitive manner. The search for state regulation that can adequately frame new businesses born in the sharing economy is a major challenge for the state regulator, which must seek regulation that protects users without impeding the development of new business. The regulation of new businesses in the sharing economy is a great challenge in Brazil because this regulation creates a lot of problems to the companies born in the sharing economy.

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