"While sharing platforms have taken some steps towards implementing mechanisms that establish trust and protect users, this does not remove the need for regulation. Governments first have to understand the intricacies of the specific operating model and its implications – whether economic (taxes, monopolies), legal (redefining labour laws that cater to freelancers) or social (protecting the rights of participants)... Cities have to address two goals when designing regulations for sharing platforms: encouraging innovation and competition, and protecting the interests of citizens."