Crypto’s legal status clarified by Property (Digital Assets etc) Bill

The Property (Digital Assets etc) Bill has been introduced to the UK parliament.  It aims to make sure that digital holdings including cryptocurrency, non-fungible tokens such as digital art, and carbon credits can be considered as personal property under the law. It will mean that the UK is one of the first countries to recognise…

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Communications and Digital Committee issues inquiry on AI and creative tech

The House of Lords Communications and Digital Committee has started an inquiry about AI and creative tech.  It says that the UK has a vibrant startup scene with a strong reputation for innovation. However, major challenges continue to hinder startups from developing into the stable, scaleup businesses the UK needs to secure long-term prosperity. The…

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Coimisiún na Meán reviews online platforms’ compliance with Digital Services Act

Coimisiún na Meán is taking action to make sure that platforms deal effectively with reports of illegal content online under the EU’s Digital Services Act.  It says that one in three digital services complaints made to Coimisiún na Meán relate to difficulties reporting illegal content online. Its initial information-gathering phase is first step towards compliance…

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CMA launches investigation into Ticketmaster over Oasis concert online sales

Following the controversy over the Oasis concert sales at the end of August, particularly the issues around “dynamic pricing” the Competition and Markets Authority is investigating Ticketmaster. According to the Times, hundreds of fans complained to the Advertising Standards Authority after surge pricing on the Ticketmaster website led to the cost of standard tickets more…

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Ofcom issues update on implementing the Media Act 2024

In May 2024, the Media Act 2024 received Royal Assent and was passed into law. The legislation represents the biggest change to the public service media framework in two decades. The Act makes changes to Ofcom’s existing responsibilities as the UK’s regulator of broadcast media, including: Earlier this year Ofcom published its roadmap for compliance….

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CMA closes Competition Act cases regarding app store concerns

The CMA has closed the Competition Act cases into Google’s Play Store and Apple’s App Store on the grounds of administrative priorities and has not taken any decisions as to whether the Competition Act 1998 has been infringed. The CMA has taken this decision before the new digital markets regime comes into force. Although the…

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PSR and FCA launch joint call for information on big tech and digital wallets

The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) are seeking views on the benefits and risks digital wallets bring to people and businesses. They say that the adoption of digital wallets has significantly increased in recent years, and believe that around 50% of UK adults now use them. Among the most popular digital…

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