Ofcom publishes statement on the future of telephone numbers
Ofcom published its statement on the future of telephone numbers, and has decided to remove the requirement on telecoms providers to provide local dialling.
Danny Preiskel featured in GCCM (Global Carrier Community Magazine)
We are delighted to announce that Preiskel & Co Senior Partner, Daniel Preiskel, was featured in GCCM (Global Carrier Community Magazine), a leading telecoms publication on his MVNO panel on “Building Blocks of Mobile Wholesale”. The article on the MVNO Roundtable can be found here: GCCM_Magazine_November-December_2021_soft.pdf (carriercommunity.com) (page 32). For more information, please feel free to email…
German court sends biometric data questions to the ECJ
The Wiesbaden Administrative Court in Germany has referred a case to the European Court of Justice (ECJ) on whether the obligation to include fingerprints on government ID cards is legal. The German court argues that such storage obligation is not compatible with Articles 7 and 8 of the EU Charter of Fundamental Rights on the protection of…
Meta fined £1.5m by CMA
The UK Competition and Markets Authority (“CMA”) has issued Meta (Facebook’s parent company) with a £1.5 million fine for failure to comply with an Interim Enforcement Order (“IEO”) imposed under the CMA’s investigation of the company’s acquisition of Giphy. The fine follows an earlier fine of £50.5 million imposed by the regulator in October 2021.…
International data transfer agreement and addendum laid before Parliament
On 28 January 2022, the final version of the international data transfer agreement (“IDTA”) and the international data transfer addendum to the European Commission’s standard contractual clauses (“SCCs“) for international data transfers has been laid before the UK Parliament. This follows the ICO’s public consultation which was launched in August 2021. If there are no…
CMA publishes statement of scope in music and streaming market study
On 27 January 2022, the UK Competition and Markets Authority (“CMA”) officially launched a market study into the music and streaming market, publishing a Market Study Notice along with a Statement of Scope (“Statement”). The Statement outlines the areas the CMA intends to investigate to determine whether competition is working as it should in the…
Google Privacy Sandbox faces European Commission complaint from German publishers
It has been announced that a group of large German publishers and advertisers have filed a formal complaint with the European Commission against Google’s “Privacy Sandbox” proposals. The Privacy Sandbox is the name given by Google to a group of proposed browser changes to the Chrome browser and Blink/Chromium browser engine. The proposals include blocking…
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 &…
National Security and Investment Act: what you need to know
The National Security and Investment Act 2021 entered into force on 4 January, introducing a new investment screening regime in the UK to address national security concerns. You can find out key information about the new regime by reading our short briefing here. Please contact Tim Cowen if you have any questions or would like…
Investment into UK fintech firms surged in 2021
UK leads European fintech space with investments growing over 217% to $11.6bn in 2021, according to figures from Innovate Finance, the UK fintech industry body. The UK brought almost half of the total investments across Europe, which overall saw $24.3bn of investments. London continued to lead with $9.2bn of total investment. Additionally, the UK had…