Regulation of P2P networks
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.