1. Sharing rather than Owning / Todays Collaborative Economic Activities
Shared Economy
Sharing rather than Owning / Todays Collaborative Economic Activities
Dr. Anh-Duc Cordalis, Greenfort Partnerschaft von Rechtsanwälten mbB (Germany)
Francesco De Lorenzi, De Lorenzi Micciché Scalera Spada – Avvocati Associati (Italy)
Joram Moyal, Moyal Simon (Luxembourg)

2. TODAY‘S SHARED ECONOMY
We own too many things that we do not need or do not use frequently
Economic model based on sharing underutilized assets from spaces to skills to stuff for monetary or non-monetary benefits
Power is shifting from big, centralized institutions to distributed networks of individuals or communities
Massive change in how we live, work, travel, play, create, learn, bank and consume

3. PwC: More than 50% of people in Germany have used Shared Economy
Shared Economy will “replace” capitalism ?

4. 4

5. I HAVE
I NEED!
TRUST – POWER - EFFICIENCY

6. Shared Economy is built on trust
Illegal Employment
Degradation of wages
(Sexual) Harrassment
Disruption of traditional businesses
Discrimination
Data phishing

7. Can Law keep pace with the Innovation?
Competition Law
Commercial Law
Tax Law
Employment Law
Insurance Law
IP Law

8. Legal Profession: ready for Shared Economy?
Designing / Drafting
Agreements
Managing Risk
and Liability
Managing IP
Navigating
Employment Regulations
Navigating Security Regulations
Managing Regulations on Production and Commerce

9. Shared Economy Platforms: Connectors or Service Providers?
Price
Ownership of key assets
Key contractual terms

10. Consumer protection- Who are the final service providers: Professionals or Amateurs?
No. and frequency of services
Turnover
Profit or cost reimbursement

11. Which regulation and liability regime?
Ad hoc rules or same regulation as the old “economy“ businesses?
Who should be liable for damages suffered by users and third parties?
Which role for the exemption of liability for hosting services?