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Erschienen am 08. April 2021 auf immobilien-redaktion.com
Ho­tel- und Tou­ris­mus in/nach der CO­VID Kri­se
Die Ho­tel­le­rie ist je­ner Teil des Im­mo­bi­li­en­markts, der be­son­ders un­ter den Co­ro­na-Re­strik­tio­nen ge­lit­ten hat. Es gibt vie­le Her­aus­for­de­run­gen - et­wa die un­si­che­re Plan­bar­keit - aber auch Licht­bli­cke.​​​...
06 April 2021
EU is­su­es draft of Di­gi­tal Mar­kets Act ai­med at crea­ting a new and fair...
The Eu­ro­pean Com­mis­si­on has pu­blis­hed a draft pro­po­sal for a new com­pe­ti­ti­on law frame­work for lar­ge on­line plat­forms, cal­led the Di­gi­tal Mar­kets Act (DMA). The Com­mis­si­on pro­po­sed the DMA due to the...
01 April 2021
Di­gi­tal Mar­kets Act: a new and fair busi­ness frame­work for lar­ge plat­forms
The Eu­ro­pean Com­mis­si­on has pu­blis­hed the draft pro­po­sal for a new com­pe­ti­ti­on law frame­work for lar­ge on­line plat­forms, cal­led the Di­gi­tal Mar­kets Act (the “DMA”). The re­a­son the Com­mis­si­on pro­po­sed the DMA is that a small num­ber of lar­ge on­line plat­forms cap­tu­re the big­gest sha­re of over­all va­lue ge­ne­ra­ted in Eu­ro­pe’s di­gi­tal eco­no­my, and the­se plat­forms ha­ve emer­ged by be­ne­fit­ting from sec­tor cha­rac­te­ris­tics such as strong net­work ef­fects, of­ten em­bed­ded in their own plat­form eco­sys­tems. The­se plat­forms re­pre­sent the key struc­tu­ring ele­ments in to­day’s di­gi­tal eco­no­my, in­ter­me­dia­ting the ma­jo­ri­ty of tran­sac­tions bet­ween end users and busi­ness users. A few lar­ge plat­forms in­cre­a­sin­gly act as gate­ways or gate­kee­pers bet­ween busi­ness users and end users, and en­joy a long-term, ent­ren­ched po­si­ti­on, of­ten as a re­sult of the crea­ti­on of con­glo­me­ra­te eco­sys­tems around their co­re plat­form ser­vices, which rein­forces exis­ting ent­ry bar­ri­ers.The DMA deals with tho­se lar­ge on­line plat­forms ac­ting as gate­kee­pers in di­gi­tal mar­kets. The DMA aims to en­su­re that:the­se plat­forms be­ha­ve fair­ly on­line;in­no­va­tors and tech­no­lo­gy start-ups will ha­ve new op­por­tu­nities to com­pe­te and in­no­va­te in the on­line plat­form en­vi­ron­ment wi­thout ha­ving to com­ply with un­fair terms and con­di­ti­ons that li­mit their de­ve­lop­ment;con­su­mers will ha­ve mo­re and bet­ter ser­vices to choo­se from, mo­re op­por­tu­nities to switch their pro­vi­der if they so wish, di­rect ac­cess to ser­vices, and fai­rer pri­ces. Who are the gate­kee­pers? Gate­kee­pers are co­re plat­form ser­vices which meet the qua­li­ta­ti­ve and quan­ti­ta­ti­ve cri­te­ria set out in the DMA. Co­re plat­form ser­vices in­clu­de on­line in­ter­me­dia­ti­on ser­vices, se­arch en­gi­nes, so­ci­al net­wor­king ser­vices, vi­deo-sharing plat­form ser­vices, num­ber-in­de­pen­dent in­ter­per­so­nal com­mu­ni­ca­ti­on ser­vices, ope­ra­ting sys­tems, cloud com­pu­ting ser­vices, ad­ver­ti­sing ser­vices in­clu­ding any ad­ver­ti­sing net­works, ad­ver­ti­sing ex­ch­an­ges and any other ad­ver­ti­sing in­ter­me­dia­ti­on ser­vices, pro­vi­ded by a pro­vi­der of any of the co­re plat­form ser­vices lis­ted above.A co­re plat­form ser­vice qua­li­fies as a gate­kee­per, if:it has a si­gni­fi­cant im­pact on the in­ter­nal mar­ket, which is pre­su­med if it achie­ves an an­nu­al EEA tur­no­ver equal to or above EUR 6.5 bil­li­on in the three pre­ce­ding fi­nan­ci­al ye­ars, or whe­re the aver­a­ge mar­ket ca­pi­ta­li­sa­ti­on or the equi­va­lent fair mar­ket va­lue of the un­der­ta­king to which it be­longs amoun­ted to at least EUR 65 bil­li­on in the pre­ce­ding fi­nan­ci­al ye­ar, and it pro­vi­des a co­re plat­form ser­vice in at least three Mem­ber Sta­tes;it ope­ra­tes a co­re plat­form ser­vice which ser­ves as an im­portant gate­way for busi­ness users to reach end users, which is pre­su­med if it has mo­re than 45 mil­li­on month­ly ac­tive end users es­ta­blis­hed or lo­ca­ted in the Uni­on and mo­re than 10,000 ye­ar­ly ac­tive busi­ness users es­ta­blis­hed in the EU in the pre­ce­ding fi­nan­ci­al ye­ar;it en­joys a long-term, ent­ren­ched po­si­ti­on in its ope­ra­ti­ons or it is fo­re­see­able that it will en­joy such po­si­ti­on in the ne­ar fu­ture, which is pre­su­med if the thres­holds in point b) we­re met in each of the three pre­ce­ding fi­nan­ci­al ye­ars.   What are the gate­kee­pers’ main ob­li­ga­ti­ons? Do’s and Don’ts     What kind of tools and powers do the Com­mis­si­on and other bo­dies ha­ve? The DMA grants powers and dif­fe­rent pro­ce­du­ral rights to the Eu­ro­pean Com­mis­si­on and es­ta­blis­hes the Di­gi­tal Mar­kets Ad­vi­so­ry Com­mit­tee for is­suing opi­ni­ons in is­su­es re­la­ted to the DMA.The DMA gi­ves the Com­mis­si­on the fol­lo­wing powers:to de­si­gna­te co­re plat­form ser­vices that meet the DMA cri­te­ria as gate­kee­pers;to re­view ad-hoc the sta­tus of gate­kee­pers on re­quest or on its own;to re­view at two-ye­ar in­ter­vals the sta­tus of gate­kee­pers;to spe­ci­fy mea­su­res to be ta­ken by gate­kee­per to com­ply with the DMA;to sus­pend cer­tain gate­kee­per ob­li­ga­ti­ons un­der the DMA at a gate­kee­per’s re­quest, if the gate­kee­per de­mons­tra­tes that com­p­li­an­ce with that spe­ci­fic ob­li­ga­ti­on would end­an­ger its eco­no­mic via­bi­li­ty;to ex­empt a gate­kee­per from cer­tain ob­li­ga­ti­ons un­der the DMA on the grounds of pu­blic mo­ra­li­ty, pu­blic health or pu­blic se­cu­ri­ty;to in­itia­te mar­ket in­ves­ti­ga­ti­ons:lo­wer-ro­man­to ex­ami­ne whe­ther a pro­vi­der of co­re plat­form ser­vices should be de­si­gna­ted as a gate­kee­per;in­to sys­te­ma­tic non-com­p­li­an­ce by a gate­kee­per;to ex­ami­ne whe­ther cer­tain ser­vices in the di­gi­tal sec­tor should be ad­ded to the list of co­re plat­form ser­vices and iden­ti­fy prac­tices that might li­mit the con­testa­bi­li­ty of co­re plat­form ser­vices or might be un­fair.The DMA grants in­ves­ti­ga­ti­ve, en­force­ment and mo­ni­to­ring powers to the Com­mis­si­on du­ring its pro­cee­dings, ba­sed on which the Com­mis­si­on is en­t­it­led to:re­quest in­for­ma­ti­on from any un­der­ta­kings and from the go­vern­ments and aut­ho­ri­ties of EU mem­ber sta­tes;ac­cess da­ta ba­ses and al­go­rith­ms;in­ter­view any pri­va­te per­son or le­gal en­t­i­ty to collect in­for­ma­ti­on re­la­ting to the sub­ject-mat­ter of an in­ves­ti­ga­ti­on;con­duct on-site in­spec­tions at the pre­mi­ses of any un­der­ta­kings, in­clu­ding to­ge­ther with au­di­tors and ex­perts;or­der in­te­rim mea­su­res against a gate­kee­per on the ba­sis of a pri­ma fa­cie fin­ding of an in­frin­ge­ment of ob­li­ga­ti­ons un­der the DMA;mo­ni­tor the ef­fec­tive im­ple­men­ta­ti­on and com­p­li­an­ce with the ob­li­ga­ti­ons un­der the DMA.   What will the sanc­tions for non-com­p­li­an­ce be? If the Com­mis­si­on ad­opts a non-com­p­li­an­ce de­ci­si­on in which it finds that a gate­kee­per does not com­ply with one or mo­re ob­li­ga­ti­ons un­der the DMA, the Com­mis­si­on may fi­ne a gate­kee­per.The ma­xi­mum amount of a fi­ne is 10% of the to­tal world­wi­de an­nu­al tur­no­ver of the gate­kee­per in the ca­se of a ma­te­ri­al breach of the ob­li­ga­ti­ons un­der the DMA, and a ma­xi­mum 1% in the ca­se of a less se­rious breach of ob­li­ga­ti­ons un­der the DMA.The Com­mis­si­on is al­so en­t­it­led to or­der pe­ri­o­dic pe­nal­ty pay­ments of up to 5% of the aver­a­ge dai­ly tur­no­ver in cer­tain ca­ses de­fi­ned in the DMA.In the ca­se of sys­te­ma­tic bre­aches of the DMA ob­li­ga­ti­ons by gate­kee­pers, ad­di­tio­nal re­me­di­es may be im­po­sed af­ter a mar­ket in­ves­ti­ga­ti­on. Such re­me­di­es will need to be pro­por­tio­na­te to the of­fence com­mit­ted. If ne­cessa­ry and as a last re­sort, non-fi­nan­ci­al re­me­di­es can be im­po­sed. The­se can in­clu­de be­ha­viou­ral and struc­tu­ral re­me­di­es, e.g. the di­ves­ti­tu­re of (parts of) a busi­ness.   What are the next steps? The Eu­ro­pean Par­lia­ment and Mem­ber Sta­tes will dis­cuss the Com­mis­si­on’s pro­po­sal ac­cor­ding to the or­di­na­ry le­gis­la­ti­ve pro­ce­du­re, which will ta­ke at least 18 months. On­ce ad­op­ted, the Act will di­rect­ly ap­p­ly across the EU and the co­re plat­form ser­vice pro­vi­ders will ha­ve six months to pre­pa­re for the new le­gal re­gime.We will con­ti­nuous­ly mo­ni­tor the sta­tus of the le­gis­la­ti­ve pro­cess and keep you up­dated on any chan­ges to the draft text of the DMA.
Erschienen am 01. April 2021 in boerse-express.com
bo­er­se-ex­press.com: CMS er­hält als ers­te Kanz­lei ÖKO­PRO­FIT-Aus­zeich­nung
CMS in Ös­ter­reich hat im Be­reich Nach­hal­tig­keit und Kli­ma­schutz in den letz­ten 12 Mo­na­ten vie­le zu­kunfts­wei­sen­de Schrit­te ge­setzt. So zählt CMS in Ös­ter­reich als ers­te Kanz­lei zu den von Oeko­Busi­ness...
01 April 2021
Ho­me­of­fice-Ge­set­zes­pa­ket: Was se­hen die nun­mehr be­schlos­se­nen Re­ge­lun­gen...
Vi­de­os & Au­dio­re­cor­dings rund um das The­ma Ho­me­of­fice und Ar­beits­recht!
01/04/2021
CMS er­hält als ers­te Kanz­lei ÖKO­PRO­FIT-Aus­zeich­nung – und ver­folgt dar­über...
Die in­ter­na­tio­na­le Rechts­an­walts­kanz­lei CMS hat sich be­reits seit ei­ni­ger Zeit dem The­ma Nach­hal­tig­keit ver­schrie­ben. Ein ho­lis­ti­scher An­satz wird ver­folgt, um so­wohl selbst mög­lichst um­welt­freund­lich...
01 April 2021
Up­date on the Re­ne­wa­ble En­er­gy Ex­pan­si­on Act
In March 2021, the go­vern­ment pre­sen­ted its fi­nal ver­si­on of the Re­ne­wa­ble En­er­gy Ex­pan­si­on Act (Er­neu­er­ba­ren-Aus­bau-Ge­setz, "REEA") ai­med at res­ha­ping the Aus­tri­an le­gal frame­work on re­ne­wa­ble en­er­gy...
07 April 2021
Ins-pect | Der In­sol­venz-Check: Um­set­zung der Re­struk­tu­rie­rungs-Richt­li­nie...
Mit Ins-pect ha­ben wir ei­ne Rei­he von pra­xis­re­le­van­ten The­men mit Fo­kus auf die neu­es­ten Ent­wick­lun­gen im Be­reich In­sol­venz & Re­struk­tu­rie­rung für Sie vor­be­rei­tet. Nüt­zen Sie un­se­re We­bi­nar-Se­rie und...
30 März 2021
Gig working, plat­form com­pa­nies and the fu­ture
Sta­te aut­ho­ri­ties and courts are weig­hing in on the power of the Gig Eco­no­my: What will the out­co­me be?  Few forms of em­ploy­ment ha­ve im­pac­ted the mo­dern eco­no­mies of the wes­tern world as pro­found­ly...
27 Mai 2021
Ar­beits­recht in der Co­ro­na­kri­se
Ver­an­stal­ter: Wie­ner Ar­beits­rechts­fo­rum Wo? Thea­ter Ak­zent, The­re­sian­um­gas­se 18, 1040 Wien und im Li­vestream The­men „Ar­beits­recht und per­sön­li­che Frei­heit in Co­ro­na­zei­ten“ em. o.Univ.Prof. Dr. Wal­ter...
29 März 2021
EDPS & ED­PB re­lease joint opi­ni­on on the Da­ta Go­ver­nan­ce Act
On 10 March 2021, the ED­PB and the EDPS re­leased their joint opi­ni­on on the Da­ta Go­ver­nan­ce Act (DGA), the Eu­ro­pean Com­mis­si­on’s Pro­po­sal for a Re­gu­la­ti­on on Eu­ro­pean da­ta go­ver­nan­ce. The DGA is an...
Erschienen am 26. März 2021 auf extrajournal.net
M&A: Un­ter­neh­mens­käu­fer pro­fi­tie­ren von Co­ro­na-Kri­se
Das Um­feld für M&A-Deals in Eu­ro­pa wird im Zei­chen von Co­ro­na käu­fer­freund­li­cher, so ei­ne Stu­die der Wirt­schafts­kanz­lei CMS.Der eu­ro­päi­sche M&A-Markt ist käu­fer­freund­li­cher ge­wor­den, nach­dem die Co­ro­na-Pan­de­mie...