Two recent decisions of New York City’s Council have imposed stringent rules on platforms in the vehicle hire and in the short-term rentals markets (in short, this means Uber and Airbnb, respectively). The rulings create significant obstacles to the current business models of both companies, and show how the impact of these platforms on the life of cities is still, at best, unclear.
FCC’s net neutrality repeal will hand back regulatory powers to the FTC
The FCC announced on November 21, 2017 that it will vote on the repeal of its Open Internet Order of 2015, which enshrines the principles of net neutrality. The proposal has been expected since the change in US administration at the start of 2017, and will likely result in a return to the pre-2015 status quo, pulling back the reclassification of broadband as a telecommunications service.
US braced for net neutrality shake-up
On 18 May 2017, the FCC will hold an open meeting during which it will consider a range of subjects. The biggest and most contentious relates to ‘restoring internet freedom’ – a vote (which is widely expected to be passed), on rolling back the net neutrality rules. Following the vote, the challenge for the FCC will be to ensure that the repeal will not result in a regulatory vacuum.
