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DISRUPTER SERIES #SubCMT to Review the Sharing Economy

Sep 22, 2015
Uber, Airbnb, Thumbtack, among Companies Transforming Consumer Options

WASHINGTON, DC – The Subcommittee on Commerce, Manufacturing, and Trade, chaired by Rep. Michael C. Burgess, M.D. (R-TX), has scheduled a hearing for Tuesday, September 29, at 10:15 AM in room 2322 of the Rayburn House Office Building. The hearing is entitled “The Disrupter Series: How the Sharing Economy Creates Jobs, Benefits Consumers, and Raises Policy Questions.”

The sharing economy is transforming the U.S. economy by creating new jobs and new waves of options for consumers through increased competition and convenience. Companies like Uber, Airbnb, Thumbtack, and many others are leading this new sector of our economy by challenging existing business models and creating exciting opportunities for consumers and entrepreneurs.

“The sharing economy is an example of American innovation at its finest. With over 80 million Americans taking advantage of the many e-sharing options, we will work to better understand how this growing sector of our economy works, what it means for consumers and job creators, and what hurdles these businesses are facing across the country,” said Burgess. “This hearing will continue our subcommittee’s review of emerging technologies and the effect these innovations have on consumers, businesses, and our economy.”

Members will examine issues impacting the sharing economy from state and local regulations, liability insurance, federal regulations, competition with incumbent industries, and the appropriate role for the federal government moving forward.

The Majority Memorandum, a witness list, and witness testimony will be available here as they are posted.