Access the main content

News

IHG CEO Richard Solomons demands regulation on online companies

In an interview with The Sunday Telegraph ahead of the World Economic Forum in Davos next week, IHG CEO Richard Solomons has pointed out that the current regulatory regime of treating online companies as a different kind of entity than traditional businesses makes little sense.Solomons takes AirBnB as one example, questioning the logic of not applying the same taxes and regulations as those hoteliers must cope with: "If you are paying somebody for a service and that service is sold as a major operation, it's becoming a big business then why would different standards apply"?"Governance and regulation needs to treat online businesses the same way as existing businesses so that existing businesses are not put at a disadvantage", Solomons says.

Loading...

Vous avez consulté 10 content. Go back home page or en haut de la page.

Access next article.

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Sign in for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?