Wednesday, August 06, 2014

Uber Back in Business - For Now - in VA

I was glad to see that Virginia authorities have granted Uber temporary authority to operate its ridesharing service in Virgina. Presumably, the temporary authority will remain in effect until next year when the state legislature considers whether Uber should be allowed to operate, and under what conditions.

It is important that state lawmakers and regulators not apply old laws in a way that impedes the development of new business models such as Uber and Airbnb. These companies use Internet applications in innovative ways to give consumers more choices and convenience.

Please see the Free State Foundation's recently released Perspectives paper, "The Sharing Economy: A Positive Shared Vision for the Future."  The paper discusses the value that both Airbnb and Uber -- and other similar innovative firms -- are bringing to the nation. I'm confident you will find it informative.