New economy models and social innovation: an opportunity for a better Europe - Related Opinions

Defining the sharing economy makes it possible to distinguish between genuine practices requiring special arrangements and those that are wrongly classified merely to get around applicable regulations. New business models need to comply with the applicable national and EU legislation, so the Commission must urgently define a clear and transparent legal framework and publish without further delay the long overdue 'European agenda for the collaborative economy'. This agenda should provide a clear definition of the complementary role that self- and co-regulation must play in the sharing economy.

The opinion familiarizes the public with the phenomenon of collaborative consumption (CC). The document presents the conceptual approach and describes briefly best practices in CC. The EESC proposes also a general strategy for the sound development of CC in the EU. Given that CC covers mostly bottom-up initiatives, studies are needed before the appropriate regulations, rights and responsibilities of all the stakeholders involved can be established.