
From Resale to Rentals: Legal Considerations Behind Recommerce
Recommerce – which includes reselling, renting, refilling, repairing or reusing goods – is already an extremely valuable business model, estimated by Barclays to be worth almost £7 billion ($8.9 billion) in the United Kingdom, alone, and expected by Visa to increase globally to £82 billion ($104.3 billion) by 2030. This growth, particularly with respect to resale, is widely regarded…