Sharing goods, services or knowledge is at the center of the so-called Sharing Economy. Businesses are usually based on online platforms that match demand and supply which is in many cases, but not always provided by individuals. Sharing Economy companies typically compete with traditional companies in many different markets. The main challenge of this type of competition currently is the application of the existing regulation. While incumbent firms adhere to this, Sharing Economy companies often feel it does not apply to their business model. This paper examines the organization of the Sharing Economy and the functioning of markets and competition in it. Europe is lagging behind the United States with respect to the diffusion of Sharing Economy businesses and the number of successful companies. Therefore this paper also offers policy advice from a European perspective to level the playing field between traditional and Sharing Economy companies and to promote the formation of the latter in Europe.

Competition in the Sharing Economy
IW policy paper
Institut der deutschen Wirtschaft (IW)

Vera Demary: Competition in the Sharing Economy
IW policy paper
Institut der deutschen Wirtschaft (IW)

„Chinese Stakes in the Port of Hamburg Do Not Comply With Previous Regulations“
The Chinese state-owned shipping company Cosco is getting a 24.9 percent stake in the Port of Hamburg. As Europe's fourth-largest port, it makes sense that China would want this influence. However, the high share is not necessary, says IW-expert Christian ...
IW
Kostenwettbewerbsfähigkeit der deutschen Industrie in Zeiten multipler Krisen
Im Durchschnitt waren die deutschen Lohnstückkosten 2021 um 13 Prozent höher als in den 27 Ländern des IW-Vergleichs und um 8 Prozent höher als im Euro-Ausland. Die hierzulande überdurchschnittlich hohe Produktivität der Industrie reichte nicht aus, um den ...
IW