The regulatory framework necessary for the launch of theย first Italian crowdfunding platforms is now completed with the resolution of the CONSOB, the equivalent of the US Securities and Exchange Commission, setting out requirements for companies running such platforms.
We covered issues connected to liability clauses, termination clauses,ย SLAs and penalty/liquidated damages clauses,ย forum selection and applicable law clauses,ย intellectual property clausesย in outsourcing agreements, but I thought that we had to review data protection / privacy clauses which are vital for outsourcing agreements involving the flow of data between different entities located worldwide that trigger major data protections issues .
Poker liquidity sharing in Europe
Italian, French, German, Portuguese, UK and Spanish gambling regulators met in Lisbon at the beginning of the month and more recently issued interesting statements at the World Gaming Executive Summit 2013 that might lead to a closer implementation of the online poker liquidity sharing within Europe.
The current ring…
IP right and gaming - an interesting matchOn the 18th of July 2013 at 9:00 AM PT / 4:00 PM GMT, I will be talking at a webinar arranged by the Global Outsourcing Association of Lawyers on Intellectual Property models in the electronic gaming industry where we will try to cover both issues relating to the…
Interesting data for mobile gaming in Italyโฌ 133 million of revenues have been generated from the mobile gaming sector in Italy in 2012 with an increase of 37% compared to 2011 according to the data published in a report of the University of Milan. Apparently over 27 million people in Italy have a…
Funding can be helped in Italy by the dedicated State run guaranteeStart-ups and incubators will be entitled to gain a guarantee from a State run fund in order to obtain loans up to โฌ 2,500,000 as part of initiatives taken by the Italian Government to foster innovation in Italy. The Italian Ministry of…
Intellectual property clauses may decide the success or failure of an outsourcing deal as they set the rights, limitations and protections of IP exploitation rights during the term of the agreement and after its termination.
What usage of keywords triggers a breach? The Court of Palermo (Italy) held that Google as an hosting provider is not obliged to monitor the AdWords keywords selected by its users but found liable a local rental company, Sicily by Car, for the usage of the trademark "maggiore" held by a major rental company, Maggiore…
Regulatory restrictions to the growth of wi-fi networks have been waivedThe Italian Government just passed a decree clarifying that the access to Wi-Fi networks is free and does not require the collection of the users' details but only to ensure that the MAC address of the device is traced. Following the terroristic attack…