Miscellaneous

The European Commission has informed Google that it believes that it has breached EU antitrust rules by distorting competition in the advertising technology industry (‘adtech’). The Commission believes that Google favours its own online display advertising technology services to the detriment of competing providers of advertising technology services, advertisers and online publishers. Google’s main source…

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The European Parliament has adopted its negotiating position on the Artificial Intelligence Act with 499 votes in favour, 28 against and 93 abstentions. The rules aim to ensure that AI developed and used in Europe is fully in line with EU rights and values including human oversight, safety, privacy, transparency, non-discrimination and social and environmental…

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The Advocate General has provided an opinion in the case of Case C-376/22 Google Ireland and others v Komm Austria. Meta Platforms and TikTok challenged a declaration by the Austrian Communications Regulatory Authority (KommAustria) which said that the Austrian Federal Law of 2020 on measures for the protection of users on communication platforms (KoPI-G 1)…

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UK Secretary of State of Science, Innovation, and Technology the Rt Hon Chloe Smith MP and US Secretary of Commerce Gina M. Raimondo have issued a joint statement on the announcement that both countries have committed in principle to establish a data bridge. Prime Minister Rishi Sunak and President Joseph R. Biden announced that they…

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The FCA has announced new marketing rules which will require those marketing cryptoassets to UK consumers to introduce a cooling off period for first time investors from 8 October 2023. As part of a package of measures designed to ensure those who buy crypto understand the risk, ‘refer a friend’ bonuses will also be banned….

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UK law High Court orders crypto exchanges to transfer assets into England and Wales The High Court has issued a ruling in the case of Joseph Keen Shing Law v Persons Unknown and Huobi Global Limited. It granted an order requiring a cryptocurrency exchange to transfer a defendant’s cryptocurrency that was held outside England and…

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The Information Commissioner’s Office has issued a new report which warns that newly emerging neurotechnologies risk discriminating against people if those groups are not put at the heart of their development. The ICO predicts that the use of technology to monitor neurodata, the information coming direcrly from the brain and nervous system, will become widespread…

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The third edition of the Blockchain: Legal & Regulatory Guidance has been published today and is a collaboration between Tech London Advocates (TLA), The Law Society and SCL. You can access the Guidance on a new training platform which has been created by SCL and is available here You can also access the report (including…

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In April 2022, the UK government set out its vision to make the UK the global hub for cryptocurrency investment, committing to create the right conditions for cryptocurrency and digital asset businesses to set up and to scale up in the UK. The Crypto and Digital Assets All Party Parliamentary Group launched an initial Inquiry…

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UK law Call for evidence on Digital Markets, Competition and Consumer Bill The House of Commons Public Bill Committee has published a call for evidence in relation to the Digital Markets, Competition and Consumer Bill, which proposes reforms to competition and consumer law, in particular in relation to digital markets. The deadline for evidence is…

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