Corrected: Paris seeks $14 million from Airbnb for illegal adverts

Reuters  |  PARIS 

(Corrects to show France, not passed the 2018 legislation in paragraph 3)

(Reuters) - The City of is suing for publishing 1,000 illegal rentals adverts, which could cost the American rental website more than 12.5 million euros ($14 million), the of Paris told a newspaper in an interview published on Sunday.

Under French law, home owners in Paris can rent out their places on short-term rental platforms for up to 120 days in a year. Advertisements must include a registration number to help ensure properties are not rented out for longer.

passed a law in 2018 which makes companies such as punishable by fines of 12,500 euros per illegal posting, a new provision Paris will use to challenge in court, Paris told the Journal du Dimanche newspaper.

"The goal is to send a shot across the bows to get it over with unauthorized rentals that spoil some Parisian neighbourhoods," Hidalgo said in the interview.

Several cities around the world have expressed concerns that platforms such as Airbnb stand as unfair competitors to hotels and can turn some neighbourhoods into sterile, tourist-only zones.

A for Airbnb said it had implemented measures to help Paris users of its website comply with European rules, but added that the rules in Paris were "inefficient, disproportionate and in contravention of European rules."

is Airbnb's second-largest market after the Paris, one of the most visited cities in the world, is its biggest single market, with around 65,000 homes listed.

Founded in 2008 in San Francisco, Airbnb matches people wishing to rent out all or part of their homes to temporary guests, via a website.

($1 = 0.8828 euros)

(Reporting by Michel Rose; Editing by Elaine Hardcastle)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, February 10 2019. 18:17 IST