Suchergebnisse für Rechte der Betroffenen

Regulierung von künstlicher Intelligenz für FinTech-Anwendungen

New methods of artificial intelligence represent one of the greatest promises and most prospective developments of digitalisation. Artificial intelligence has already enabled numerous innovative applications in the areas of image recognition, medicine, language and mobility, and it is also increasingly being used in the financial market, on which this article focuses. In addition to great…

Datenportabilität und ihre Umsetzung

The right to data portability will be introduced, as a first for Switzerland, with the revised Swiss Data Protection Act. Inspired by the GDPR but with a “Swiss finish”, data subjects may (if certain conditions are met) request the controller to transfer “their” personal data to them or another controller. However, a number of questions remain open, for example: Which type of data is subject to…

Können Investitionskontrollen für gleich lange Spiesse sorgen?

Amidst global protectionist tendencies and in view of major takeovers by foreign state-controlled companies calls for increased public control of foreign investment have been getting louder around the globe. Most recently, the Swiss parliament approved a motion obliging the Swiss government to prepare a draft bill regarding foreign investment screening. Apart from national security concerns,…

«Open Banking» in der Schweiz – Herausforderungen an den Schnittstellen von Finanzmarkt-, Datenschutz- und Kartellrecht

«Open Banking» challenges traditional financial institutions in Switzerland and around the world. It poses strategic as well as legal compliance challenges. The present study delimits the (sometimes synonymously used) terms «Open Banking» and «API Banking» to the effect that Open Banking presupposes an access to the banking account (XS2A) on the basis of non-discriminatory criteria. It thus…

Kartellrechtliche Fragen bei der Gründung eines Joint Ventures

Opening up new markets or pursuing major projects can often only be achieved with partners, which is why companies form joint ventures. When planning and implementing such cooperation projects, economic and contractual considerations are in practice the main focus. However, the influence of antitrust law on this form of cooperation should not be underestimated. The relevance of antitrust law is…

Bestimmung von Vertragskonditionen im Rahmen automatisierter Entscheidungen

Automated decision making has become increasingly popular in the context of contracting. Essential contractual conditions, in particular the price, are automatically determined based on a number of factors, a wealth of data and by the use of algorithms. Automated decision making for contractual terms raises a number of legal issues and questions, in particularly related to data protection, fair…

Europareport

Innerhalb eines Verfahrens der ersten Prüfungsphase (Phase I) hat die Europäische Kommission die Übernahme der Consumer Health-Sparte von Pfizer durch das britische Unternehmen GlaxoSmithKline unter Auflagen genehmigt.

Europareport

In einem Urteil vom 28. März 2019 hatte der Europäische Gerichtshof (EuGH) Gelegenheit, sich mit der Frage zu beschäftigen, ob bereits aus dem materiellen Kartellrecht der Europäischen Union (hier Art. 102 AEUV, Verbot des Missbrauchs einer marktbeherrschenden Stellung) abzuleiten ist, dass im nationalen Zivilrecht eine hinreichend lange Verjährungsfrist vorgesehen sein muss, innerhalb derer…

Fortress Europe: Die Äquivalenzverfahren der EU im Bereich der Finanzdienstleistungen

The European Union is by far the most important ­market for Swiss cross-border financial services. So far, the key strategy for market access has been to tailor Swiss financial regulation so as to achieve equivalence with EU law. However, the analysis of the current equivalence procedures reveals that equivalence is not the door opener one had hoped for. Core activities such as deposit-taking,…

Algorithmen als Anlass für einen neuen Absprachebegriff?

Traditionally, cartels are concluded between natural persons whose behaviour then is imputed to the firms they are acting for. How shall we assess restrictions of competition emanating not from humans, but from algorithms? Long-established definitions of agreements as «concurrence of wills» or «meeting of the minds» do not fit well to the output of machines. Therefore, competition law is…