Increasing the labour market relevance of VET provision and reducing skills mismatches and shortages in the new booming "Sharing Economy" sector.

WHAT IS SHARING ECONOMY IN EU?

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The collaborative economy is developing rapidly. The take up of collaborative business models has been particularly widespread in certain sectors, such as transport, accommodation and professional services, but is growing across the whole economy.

 

The collaborative economy creates new opportunities for services providers, innovative entrepreneurs and existing companies. It leads to greater choice for consumers, and often lower prices in the market. It can also contribute to increasing economic, social and environmental value of idle assets and resources, and increasing employment through more flexible job schedules. In some cases, the emergence of new business models impacts existing markets, creating tensions with existing goods and services providers. In part this stems from uncertainty relating to applicable regulation, e.g. on licensing, consumer protection, taxation, social security and employment models.

Some Member States and local authorities have begun to react to the regulatory challenges posed by the collaborative economy in a varied and often ad hoc way, thus risking the creation of an uneven playing field for companies across different Member States or across regions within the same Member State. The Commission has already received a number of complaints in relation to regulatory measures taken in some Member States.

A clear and adequate regulatory environment is essential to ensure that the benefits of the collaborative economy fully materialise. Divergent approaches and hasty regulatory responses may lead to the fragmentation of the Single Market and to the under-exploitation of the opportunities that the collaborative economy offers to entrepreneurs and consumers in the EU.

 

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