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Big Government strikes in NYC: Hotels win, consumers and small businesses lose

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AirBnB is a service that allows you to rent out a spare room in your apartment or home. In other words, it’s a startup competitor to established hotels. So, naturally, the hotel industry has supported the government in cracking down on AirBnB. And industry has won. Via Fast Company: Officials in New York have determined that AirBnB is illegal, despite efforts by the online firm to persuade...

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