02-06-2016 12:02 via news.yahoo.com

EU cautions governments against banning Uber, Airbnb

By Julia Fioretti BRUSSELS (Reuters) - Services such as ride-hailing app Uber [UBER.UL] and home-rental site Airbnb should only be banned as a last resort, the European Union executive said on Thursday, as it seeks to foster development of the "sharing economy". In its new guidelines, the European Commission said any restrictions by EU member states on these online services should be proportionate to the public interest at stake. "Absolute bans and quantitative restrictions should only be used a
Read more »