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Airbnb faces $14 mn fine over 1,000 illegal rental ads in Paris
short by Kanishka Pandey / on Sunday, 10 February, 2019
Short-term tourists home-rental startup Airbnb has been sued by Paris over 1,000 illegal rental ads and faces a fine of $14 million, Paris Mayor Anne Hidalgo said. France had passed a law in 2018 which makes companies punishable by fines of 12,500 euros per illegal posting. "The goal is to...end these uncontrolled rentals which taint some Parisian districts," Hidalgo said.
read more at Reuters