Airbnb takes on New York City

The online real estate sharing service is embroiled in a fight with the New York Attorney General and the outcome of the stoush could be crucial to the future of the "collaborative consumption" trend.

New York Attorney General Eric Schneiderman has sent a subpoena to the home-renting company Airbnb. The demand asks for personal data relating to 15,000 users of the service in the city that have rented out their home. A law passed in 2010 makes it illegal for residents to rent out their home for less than 30 days.

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