From city halls around the country to Washington, DC, and other world capitals, lawmakers and regulators lately have come under intense pressure to regulate upstart Internet market platforms such as Uber, Airbnb, UpCounsel, and Heal, as they rapidly transform entire sectors of the economy by providing simple and elegant new ways for buyers and sellers to connect and do business online.

Uber’s market capitalization has now skyrocketed higher than the annual revenues of the entire U.S. taxi industry, and Airbnb’s value is almost on par with that of hospitality titans such as Hilton and Marriott, so it comes as read more >>>

Source : HuffingtonPost.Com