July 13, 2016
Airbnb just can’t get out of the hot seat. On the same day CEO Brian Chesky publicly apologized for failing to foresee how racism could impact the platform during its founding days, a group of U.S. Senators have penned a strongly worded letter to the Federal Trade Commission urging it to consider how the company is impacting the housing market. Senators Brian Schatz (D-HI), Dianne Feinstein (D-CA CA +0.18%) and Elizabeth Warren (D-MA) penned the note asking the FTC to look at how Airbnb and companies like it could be “exacerbating housing shortages” and “driving up the cost of housing in our communities.” The letter also pointed out “troubling reports” of racial discrimination….
Source: http://www.forbes.com/sites/shelbycarpenter/2016/07/13/airbnb-under-fire-senators-ftc-investigation/#48bd3d161d7d