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CRYPTO CURRENCIES AND REGULATORY AMBITIONS

  It can be frequently realized that commercial developments and social changes happen much faster than governments and legislation are able to cope with. In the case of crypto currencies, just a few years have elapsed since, in 2009, Bitcoin broke into the market and as a consequence of its quick adoption by users, hundreds of crypto currencies followed suit.…

BLOCKCHAINS AND SMART CONTRACTS. THE SHAPE OF THINGS TO COME?

It seems clear that technological progress and its adaptation to business and social relations are moving at a faster rate than the capacity of the lawmaker to provide a proper legal framework in this area. There are two clear examples of this situation: the management of cryptocurrency, and “Blockchains”, which are closely linked to cryptocurrency. The Blockchain system is based…

SELECTIVE DISTRIBUTION AGREEMENTS. PROHIBITION OF SALES THROUGH NON-AUTHORISED INTERNET PLATFORMS

On the 6th of December 2017, the European Court of Justice (ECJ) issued a very relevant judgment regarding contractual restrictions on sales through the Internet (case 230/16). The matter submitted to the Court was referred by the Regional High Court of Frankfurt (Germany) regarding the dispute between Coty Germany GmbH (principal), as manufacturer of luxury cosmetic goods and Parfümerie Akzente…