National Security and Investment Bill: A new dawn for review of foreign investment in the tech and comms sectors in the UK

Yesterday the UK Government introduced the National Security and Investment Bill (the Bill) to Parliament, setting out significant legislative reforms which will overhaul the review of transactions on national security grounds in the UK, against a backdrop of tightening of foreign direct investment (FDI) regimes globally. If passed, the Bill will introduce for the first … Read more

What the Federal Budget means for tech

In an exciting Australian Federal Budget anchored around creating more jobs for Australians to boost the post-COVID-19 economic recovery, the Government maintained an eye on its broader mission for Australia to become a leading digital economy by 2030. Read more

New DAT Bill promotes ‘seamless’ services and public sector data sharing

On 13 September 2020, the Australian Government commenced consultation on the exposure draft of the Data Availability and Transparency Bill (the Bill), which is intended to enable greater data-sharing within government and to facilitate ‘seamless’ service delivery to the public. The Bill aims to minimise constraints on the sharing of public sector data between government … Read more

Omnibus Directive: A New Deal for EU Consumers – Part 3

On 7 January 2020 the European Commission’s Enforcement and Modernisation Directive (EU) 2019/2161 informally referred to as the Omnibus Directive) came into force and must be implemented in Member States by 28 November 2021. This is the third and final instalment of our three-part blog exploring the Omnibus Directive and what it means for stakeholders … Read more

Summary of the report concerning the Telecommunications and Other Legislation Amendment (Assistance and Access) Act 2018

On 9 July 2020 the Independent National Security Legislation Monitor (INSLM) issued a report recommending amendments to the Telecommunications and Other Legislation Amendment (Assistance and Access) Act 2018 (Cth) (the Act). This report was produced in part in connection with, and will inform, the Parliamentary Joint Committee on Intelligence and Security’s (PJCIS) review of the … Read more

COVID-19: THE ECONOMIC IMPACT ON THE EUROPEAN VENTURE CAPITAL INDUSTRY

The COVID-19 pandemic is creating significant economic challenges for industries world-wide. The European venture capital industry and the start-up ecosystem it supports is no exception. Recent Trends Before the onset of the pandemic, European venture capital deal activity was very healthy. Whilst there was a downward trend in terms of deal count (attributable to late-stage … Read more

Gambling and the COVID-19 Crisis

Gambling Commission Guidance The Gambling Commission has released new guidance acknowledging the increased challenges that businesses in the industry are facing as a result of the COVID-19 pandemic. The guidance explicitly reminds licensees that: they are expected to follow Public Health guidance; they should assess their ability for continued compliance with their relevant licence conditions … Read more

Budget 2020 – Investing in digital infrastructure, skills and R&D

On 12 March 2020, the Chancellor of the Exchequer, Rishi Sunak, presented the 2020 Budget – the first since the UK exited the European Union (available here). The following announcements (some of which are new, but others build on previously announced measures) are likely to be of particular interest to the Technology, Media and Telecoms … Read more

Airbnb, TripAdvisor, Booking.com and Expedia strike data sharing deal with the EU

5 March 2020 saw the European Commission (EC) announce an unprecedented agreement with short-stay accommodation titans Airbnb, Booking.com, Expedia and TripAdvisor to share and publish data (on the number of nights booked and the number of guests staying) with the EC via Eurostat (the EU’s statistical office) (press release here). Eurostat will then aggregate the … Read more