Airbnb sued the city of New York on Friday, denouncing as "an extraordinary act of government overreach" a new law forcing home-sharing platforms to disclose data about hosts. It was a dramatic escalation in the battle between the $30 billion company and authorities in America's most populous city, amid a global backlash against "sharing economy" startups disrupting traditional industries. The law, which comes into effect on February 2, 2019, requires home-sharing platforms such as Airbnb to disclose information about hosts and imposes hefty fines for non-compliance.
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