Preiskel & Co write chapter on Technology M&A 2022 for Chambers Global Practice Guides

Ronnie Preiskel, Daniel Preiskel, Karthyaeni Vittala and D A T Green have written the Technology M&A 2022 Chapter for Chambers Global Practice Guides. The chapter covers key market trends, early-stage and venture capital financing, liquidity events, spin-offs, acquisitions of public technology companies and business critical regulatory requirements. Download the team’s chapter here. Please contact Preiskel &…

Facial Recognition Data Privacy Fine: ICO publishes provisional intention to fine Clearview AI Inc over £17 million for Facial Recognition data handling

On 29 November 2021, following a joint investigation with the Office of the Australian Information Commissioner (‘OAIC’) into Clearview AI Inc’s (‘Clearview’) data processing practices, the Information Commissioner’s Office (‘ICO’) announced its provisional notice of intent to impose a fine of just over £17 million on Clearview. Additionally, the ICO issued a preliminary enforcement notice…

CMA publishes consultation on modified Google commitments

The UK Competition and Markets Authority (“CMA”) has today published a Notice of intention to accept modified commitments from Google in its Privacy Sandbox investigation (the “Notice”). The Notice follows a consultation on proposed commitments published in June 2021. The modified commitments include substantial amendments to those original proposals, and the Notice provides the CMA’s…

EU General Court Google Shopping Decision may boost prospects for future damages claims

Google appealed against the European Commission’s findings in its 2017 Google Search (Shopping) Decision in the General Court (GC); however, the GC has dismissed Google’s action and upheld the €2.42bn fine imposed by the Commission in a judgment published on 10 November 2021. The GC found that Google had engaged in anti-competitive activity, having favoured…