7 ms·
Is any of this surprising to anyone? Airbnb is battling laws (often arbitrarily set with a healthy does of lobbying from established industries) that create und
by epberry 10y ago
Is any of this surprising to anyone? Airbnb is battling laws (often arbitrarily set with a healthy does of lobbying from established industries) that create undue burden on itself and its business. The same way Netflix battles anti net neutrality laws, Uber battles Taxi regulations, Google battles right to be forgotten and data storage rules, and almost every other company in almost every other industry fights against restrictions which don't occur naturally in the market.
Now there's a balance here. For example, the Koch brothers fight against environmental regulations, the lifting of which would clearly help their business but hurt a great number of people. But for companies which are leveraging internet technology, network effects, and markets which are inefficient only because they are not national or international and benefit a great number of people through lower prices and a better experience, I can't help but root for them to overcome regulation and outdated laws.