The Journal of European Competition Law & Practice has published an Economists’ Note written by John Fingleton and David Stallibrass on Peer to Peer businesses and regulation.

The note argues that P2P businesses often create value by solving many of the market failures that traditional regulation was designed to correct. As a consequence, regulators should have a presumption of support for P2P disruption. However, there are also times when this support should be tempered. It concludes by suggesting that regulators should co-operate, both domestically and internationally, in developing a consistent approach.

The article is available at this link.