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2.4. Controversies on economic opportunities of the sharing economy

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The sharing economy is a growing phenomenon. Thus, the turnover of sharing platforms is growing rapidly, “the revenues generated by all these players in the European Union have increased from 1 billion dollars in 2013 to 3.6 billion dollars in 2015” (Winkler 2017).

While the sharing economy provides profits, it also causes disproportionate effects in society, particularly in regard to employment disruptions. It promotes self-employment, commonly known as freelance.

This new approach to job searching will fundamentally change labor market regulation:

Activity is rarely regulated by an employment contract. Self-employed workers generally do not benefit from any form of social protection (unemployment, health or retirement) and are therefore, with age or in the event of a turnaround in the economy, faced with an increased risk of poverty. (Winkler 2017)

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