The United Kingdom (UK) government’s Industrial Strategy Green Paper (Industrial Strategy)[1] sets out an ambitious vision to position the UK as a global leader in high-growth sectors, ensuring sustainable and inclusive economic growth. As the government prepares to launch this strategy,…
European regulatory and policy efforts to prevent cloud “tipping”
by István Kopácsi Cloud computing[1] has garnered significant regulatory interest worldwide due to its growing importance to business IT infrastructure and its role as a major revenue source for leading tech companies. Digital markets are often characterized by the features that are…
Joint Statement Initiative on Electronic Commerce: a new era in global digital trade
by Fanni Fürjes At the 11th Ministerial Conference in December 2017, a group of 71 World Trade Organization (WTO) members agreed to initiate exploratory work towards future WTO negotiations on trade-related aspects of e-commerce. After almost seven years of negotiations on…
The impact of AI on the labour market according to the UN and ILO co-authored report
by István Kopácsi The report „Mind the AI Divide: Shaping a Global Perspective on the Future of Work”[1] (Report) co-authored by the United Nations and the International Labour Organization (ILO) delves into the profound impact that Artificial Intelligence (AI) is having on…
Article 1 (5) of the DMA and Section 19a of the German Competition Act regarding Google’s Commitments
by Fatma Ceren Morbel A recent effort by the European Union, known as the Digital Markets Act, aims to ensure fair and contestable markets, which was passed in November 2022 and entered into force in May 2023. Article 114 TFEU provides…
Quick law review: European regulation of crypto-asset markets
According to an opinion issued in January 2019 by the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA),[1] while some cryptoassets may be subject to EU legislation, the application of these rules to the assets concerned was not…
Consumer Protection in the Age of Artificial Intelligence
As the influence of Artificial Intelligence (AI) continues to permeate various aspects of our lives, the imperative to safeguard consumer interests within this technological landscape becomes increasingly apparent. In the realm of AI and consumer protection, we must scrutinize diverse facets…
Illusion of Green Claims? – Thoughts in the Heat
by Judit Szalatkay As consumers become increasingly concerned about the environmental impact of their purchasing, companies tend to exploit the commercial possibilities of such worries by advertising their products with certain environmental performance. In several cases, green claims are proved to…
The impact of AI on the labour market
by István Kopácsi In a new study[1] by the National Bureau of Economic Research, researchers in the US examined the relationship between the use of AI technologies, the workforce composition and organisational structure of firms. The analysis involved the comparison of huge…