Online marketplaces such as Amazon.com, Uber Technologies, and Airbnb have disrupted the retailing, transportation, and hospitality sectors with their ease of use, convenience, and ability to reduce the cost of searching and matching for consumers. However, a recent court decision has the potential to disrupt their entire business model. The ruling addresses some of the underlying risks of online marketplaces that many Americans have neglected when using their services.
Barron's/August 25, 2020