Over the last few years, the Collaborative Economy has been changing the way people share and conduct transactions in digital spaces. 'Disruptive innovation', 'the fourth industrial revolution', 'one of the ten ideas that will change the world', the Collaborative Economy is shaking existing norms. The amazing thing that Collaborative Economy has been bringing is that we can have distinct parties across the globe interacting with people in exciting new ways without Government intervention. Nonetheless, it is also posing unprecedented challenges in relation to both material policies and governance in almost all aspects of Law.
The Law has not designed to deal with companies that are only facilitating this kind of works, so the first question is should it be regulated the same way as regular economy, should it be treated no different to traditional companies, as a partially regulated or completely regulated industry. In addition, how the law should be built up to protect the domestic economy from unfair competition when the new economic model is possessing great power from big data and network effects. Moreover, the issue of workers participating in the market of the Collaborative Economy is also a "red flag" to raise, which identifier is the most appropriate for them in the relationship with platforms when in some forms of this economy, they are working as employees but are not protected by Labor Laws. Lastly, Data Protection in digital technology era is also a concern.
This research pays attention on solving above questions by firstly making enquiries about the nature of Collaborative Economy, its definition, main characteristics in Chapter 1. Chapter 2 is an analysis of European legislation regarding to Collaborative Economy in fields of Competition Law, Consumer Protection and Data Protection. The last Chapter discusses thoroughly about Collaborative Economy in Vietnam.