UK government consults on proposals for a new pro-competition regime for digital markets

On 20 July 2021 the government published a consultation on its proposals for a new pro-competition regime for digital markets.  The proposals are based on the recommendations set out in the Furman Review, the CMA’s final report of its market study into online platforms and advertising and the Digital Markets Taskforce report to government published in December 2020.  The Furman review concluded … Read more

CREATING A SAFE HARBOR BEFORE THE DIGITAL TOKEN SHIP SAILS

As we continue to witness the transformation from tangible to digital assets, countries around the world are grappling with the question of how to regulate these new asset classes and, of course, the platforms and service providers that underpin them. The issues is that digital assets, particularly smart contracts, can be algorithmically programmed with any … Read more

Revolution or evolution? Technology and the changing dispute resolution landscape podcast series – new episode released

There is no hiding from the fact that technology is changing the landscape of dispute resolution. Our latest podcast series “Revolution or evolution?” explores where, how and why this is happening. Episode 1 “Fences and ambulances” talks about IT contracts and key themes we encounter when things don’t turn out as planned and parties find … Read more

Budget 2021 – Investment in Innovation

In what has been described as the most important budget for business in a generation, the Chancellor of the Exchequer, Rishi Sunak, presented the 2021 budget to Parliament on 3 March 2021. (Our recent briefing on the Spring 2021 Budget can be found here). At the same time as publishing the Budget statement, the government … Read more

The Crackdown on Undisclosed Advertising: ASA issues Warning to Influencers

The Adverting Standards Authority (“ASA”) has released its influencer monitoring report, summarising the results of the analysis the ASA conducted in September last year. The ASA conducted an analysis of over 24,000 Instagram stories, posts, and reels across 122 influencers to assess whether the rules in respect of influencer advertising were being followed. The ASA … Read more

A new era for online regulation: Live panel session on the Digital Services Act and Digital Markets Act

On Thursday 25 February experts from across our international network, covering a variety of practices and sectors (including competition, data, media and digital technology), took part in a live panel session to discuss the proposed Digital Services Act (“DSA”) and Digital Markets Act (“DMA”). The DSA and DMA legislative package was published on 15 December 2020 … Read more

FCA technology change management review: Top tips for avoiding operational disruption

On 5 February 2021, the Financial Conduct Authority (FCA) published a report titled ‘Implementing Technology Change’, which sets out findings from its review into how financial services firms manage technology change, the impact of change failures, and industry practices to help reduce the impact of incidents resulting from change management. The FCA analysed over one … Read more

UK GAMBLING ACT REVIEW AND RELATED DEVELOPMENTS

On 8 December 2020, the Government launched the long-awaited review of the UK’s Gambling Act 2005 (the “2005 Act”), with a call for evidence running for 16 weeks to 31 March 2021. After the call for evidence closes, the Government is expected to publish its conclusions and proposals for reform in a white paper later … Read more