The advent of emerging technologies has appreciably impacted all aspects of daily life, leaving lingering questions about their legal implications, whilst raising concerns about the risks they pose to fundamental rights. In light of these challenges and with the aim of making legitimate and safe use of the potential offered by said technologies,… Continue reading Law 4961/2022: Novel Greek legal framework on emerging technologies
Category: Newsletter
IP challenges in the heyday of NFTs: What should IP rights-holders know
Over the past year, the popularity of non-fungible tokens (‘NFTs’) has seen an unprecedented surge. Big brands have already made significant investments in the NFT market, and a growing number of companies is entering the industry, with a view of promoting their brand and capitalising from the potential digital assets may offer. The… Continue reading IP challenges in the heyday of NFTs: What should IP rights-holders know
Law 4886/2022: Reforming Competition Law in the light of the digital era
In the wake of digital era and with the aim of granting additional powers to the Hellenic Competition Commission (‘HCC’), Greek Competition Act (Law 3959/2011) has been recently reformed by virtue of Law 4886/2022 (Government Gazette A’12/24.01.2022) ‘on the modernisation of competition law for the digital era’ (‘Amending Law’). Aim of the… Continue reading Law 4886/2022: Reforming Competition Law in the light of the digital era
Law 4864/2021: New regulatory framework for strategic and private investments & University spin-off companies
The regulatory framework for strategic and private investments, as well as for the establishment and operation of University spin-off companies has been recently reformed (Law 4864/2021, Government Gazette A’ 237/02.12.2021) to meet the current investment and economic demands. A. Strategic investments By virtue of the new law, the existing provisions stipulated in… Continue reading Law 4864/2021: New regulatory framework for strategic and private investments & University spin-off companies
Regulation on European Crowdfunding Service Providers for Business
New Crowdfunding Regulation and the amendments in the existing national legal framework The crowdfunding finance model has been proven particularly practical for start-ups and small and mediumsized enterprises (SMEs), which have increasingly relied upon crowdfunding services to materialise their business projects. Nevertheless, the risk associated with this type of investment and the discrepancies observed… Continue reading Regulation on European Crowdfunding Service Providers for Business
Guidelines on ranking transparency (P2B Regulation)
In a previous report we briefly described the main provisions of Regulation 2019/1150 on promoting fairness and transparency for business users of online intermediation services, such as e- Commerce platforms, marketplaces and app stores (Platform to Business – P2B – “Regulation”), entered into force in July 2020. Article 5 of the Regulation introduces… Continue reading Guidelines on ranking transparency (P2B Regulation)
Incentives for R&D and investments in start-ups
In an effort to support innovation and create a more attractive environment for the startup eco-system in Greece, Law 4712/2020 introduces fiscal incentives for R&D and investments in the early stages of start-ups. R&D tax incentives As of September 1, 2020, the tax deduction increment for R&D related expenses, including depreciation… Continue reading Incentives for R&D and investments in start-ups
Schrems II. The saga continues.
Ahead of the highly anticipated decision of the Court of Justice of the European Union in data protection, on Thursday, July 16th, this is a brief summary of where we stand so far: Schrems I In 2013 Mr. Maximilian Schrems, objected to his personal data being sent by Facebook Ireland to servers… Continue reading Schrems II. The saga continues.
Regulation on platform-to-business relations
Online platforms offering intermediation services (e.g. online marketplaces, app stores and search engines) have changed the typical structure of transactions concluded in a digital environment from bilateral to a triangle and have acquired an enormous degree of economic power and cultural influence. In the EU only, out of 27 start-ups that reached unicorn… Continue reading Regulation on platform-to-business relations
New Trademark Law
I. Introduction New trademark law 4679/2020 transposing Directive (EU) 2015/2436 (hereinafter the “Directive”) and harmonizing national and EU trademark system under Regulation (EU) 2017/1001 (hereinafter the “Regulation”), was enacted in Greece on March 20, 2020. The new legal framework aims, inter alia, at fostering competition between trademark owners, by introducing the non-genuine use… Continue reading New Trademark Law