SHARING ECONOMY IN THE CZECH REPUBLIC: CASE OF PRAGUE

Abstract

This paper analyzes the sector of the sharing economy in the Czech Republic using unique data from relevant sharing economy platforms. Potential increase in efficiency on markets using sharing economy platforms is demonstrated on transportation market in Prague using unique in terrain approach. First step towards more suitable legal framework is to clearly define the line between participants in sharing economy and regular entrepreneurs; set less restrictive rules for participants in sharing economy, deregulate the business environment and make compliance with legal system as simple as possible.