... Several aspects of the sharing economy have been researched in the pre-COVID period revealing the nature of the challenges faced by SE firms. These include (a) regulatory challenges, such as lack of laws to regulate the SE sector (Gonzalez-Padron, 2017;Hartl et al., 2016;Hou, 2018;Katz, 2015;Leighton, 2016), evasion of taxes by SE firms (Heo, 2016;Kathan et al., 2016), and use of advocacy to gain legitimacy and control (Marchi & Parekh, 2015;Zvolska et al., 2019); (b) competition with traditional incumbents, which often placed the incumbents at a price disadvantage (Hou, 2018) as SE firms benefitted from reduced running costs (Kathan et al., 2016) and often engaged in deep discounting due to infusion of funds by affluent institutional investors (Murillo et al., 2017), thus being labeled as unfair competition for the traditional incumbents (Ranchordas, 2015); (c) adverse impact on the society due to the unhindered growth of some SE firms (Acquier et al., 2017), for instance, the destruction of communities due to the expansion of Airbnb (Gutiérrez et al., 2017;Wisniewska, 2019) and labor issues arising due to the rise of temporary workers (Collier et al., 2017;Conger, 2020b;Leung et al., 2019); and (d) prosumer concerns related to safety and security (Barann et al., 2017); concerns about data privacy (Chaudhry, 2019;Hill, 2019;Marshall, 2019), and physical safety (Abbruzzese, 2019). ...