The CMA has aired its dirty laundry after it suggests collusion between two laundry services

whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com Unfortunately due to the ongoing nature of the investigation by the CMA we will not be able to answer any specific queries until the case has been concluded.However, Micronclean is committed to complying with the law and regulations and has been co-operating fully with the CMA’s investigation. Micronclean believes it has been providing, and will continue to provide, a high quality, competitive service to its customers. Share The CMA has aired its dirty laundry after it suggests collusion between two laundry services “Micronclean is disappointed that the Competition and Markets Authority (CMA) has decided to continue its investigation into cleanroom laundry services,” said the company in a statement. whatsapp Both firms will have a chance to have their say, before the CMA determines whether they have indeed broken competition law.Cleanroom laundry services are for sterile environments like NHS pharmacies and medical manufacturers, where customers wear specialist garments that need to be laundered in a way that stops particulates contaminating their working environment.Ann Pope, CMA senior director of antitrust enforcement, said: “We allege that even though these two companies could have supplied all relevant types of customer, including customers outside each party’s designated area, they instead agreed not to compete.Read more: Christmas come early: CMA approves McColl’s acquisition of 298 Co-op stores”These are provisional findings only and no conclusion can be drawn at this stage that there has been a breach of competition law. We will carefully consider any representations from the parties before deciding whether the law has been broken.” They operated a joint venture where both provided services and products under the Micronclean brand and had been trading under the name since the 1980s.The market-sharing arrangement the CMA has flagged arose from trademark licence agreements which ran from 30 May 2012 until they were terminated on 3 February last year, when the related joint venture was disbanded.Read more: Londoners: Now there’s an “Uber for laundry”The competition regulator provisionally found that under the arrangement, Fenland served customers in an area north of a line (broadly between the capital and Anglesey), while Berendsen Newbury served customers located south of that line.As a result, the set-up prevented each firm from supplying people located outside of said designated area and/or certain types of customers. Friday 20 January 2017 9:50 am The Competition and Markets Authority (CMA) has provisionally concluded two NHS suppliers of cleanroom laundry services have created a market-sharing agreement, breaking competition law.The CMA found between May 2012 to February 2016, the suppliers, Micronclean Limited and Berendsen Cleanroom Services Limited, had an arrangement under which they divided up customers by geographical territory, as well as by customer type. Berendsen has also been approached for comment. Rebecca Smith read more

A petition against Trump coming to the UK now has one million signatures

Read more: “Shameful and cruel”: London mayor Sadiq Khan reacts to Trump’s ban”Westminster Hall has great significance and should be reserved for leaders who have made an outstanding positive difference in the world. That doesn’t include Mr Trump. Those who wish to fawn over him should be free to do so in the Royal Gallery as normal. Not Westminster Hall thanks.”News of Trump’s visit to Britain to meet the Queen was revealed during Prime Minister Theresa May’s visit to the US.  Monday 30 January 2017 9:56 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workout2021 Buicks | Search AdsIntroducing The Head Turning 2021 Buicks!2021 Buicks | Search AdsLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatter whatsapp More From Our Partners Connecticut man dies after crashing Harley into live bearnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Share “Donald Trump’s well documented misogyny and vulgarity disqualifies him from being received by Her Majesty the Queen or the Prince of Wales. Therefore during the term of his presidency Donald Trump should not be invited to the United Kingdom for an official state visit.” Lynsey Barber A petition against Trump coming to the UK now has one million signatures Labour leader Jeremy Corbyn has issued a surprisingly quick response to the furore surrounding the travel ban, saying Trump should be blocked from a state visit until it’s lifted.”I think it would be totally wrong for him to be coming here while that situation is going on,” he told ITV’s Peston on Sunday show.”I think he has to be challenged on this,” he said. “I’m not happy with him coming here until that ban is lifted quite honestly because look at what’s happening with those countries, how many more is it going to be, and what’s going to be the long term effect of this on the rest of the world.”Lib Dem leader Tim Farron echoed that call, saying: “I thought the offer for a state visit was hasty, especially given the things he is coming out with. We should not be giving in so lightly because Theresa May is in a desperate position.”Tory backbencher Sarah Wollaston, an MP for Totnes, has said she doesn’t’ think “Trump should be invited to address both Houses of Parliament from Westminster Hall” on his visit, which will take place this year. A group of MPs will decide on Tuesday if the matter will head to the House of Commons.It is calling for Trump to “be allowed to enter the UK in his capacity as head of the US government, but he should not be invited to make an official state visit because it would cause embarrassment to Her Majesty the Queen”.Read more: Here’s how British citizens are affected by Donald Trump’s travel banSet up by a member of the public, it added:  whatsapp A petition to prevent Donald Trump from visiting the UK in the form of an official state visit has now gathered more than one million signatures in the wake of the President’s executive order banning travel to the US from seven majority Muslim countries.The government must respond to the petition after gaining more than the 10,000 signatures required and the matter will now have to be considered for debate in Parliament after gaining more than the 100,000 needed. read more

Tech leaders call for new post-Brexit visa to avert talent crisis

whatsapp Sunday 19 February 2017 10:41 am Tech leaders call for new post-Brexit visa to avert talent crisis by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGo Weather NowKeep Updated With Inclimate Weather Alerts For Your Area Go Weather NowLumenologyHere´s Why People Love This Wireless Motion LightLumenologyRecetas Get10 Signs Show That The Kidneys Aren’t Working ProperlyRecetas GetWeniixTop 5 best sports cars 2021 – WENIIXWeniixDelicious 99Pneumonia Signs: Many May Wish You Saw Them EarlierDelicious 99FamilyMindedAwesome Baby Boy Names That Start With AFamilyMindedanymuscle.comThe Best Time of the Year to Get a Flu Shotanymuscle.comMuscular Atrophy | Search AdsSMA Signs – Symptoms May Surprise ManyMuscular Atrophy | Search AdsMandala Coloring Book | AmazonFolks agree: mandala coloring books help relieve stress and provide active meditationMandala Coloring Book | Amazon The scheme would be piloted with five countries where the same skills are in high demand and compete with the UK – Australia, Japan, Monaco, Hong Kong, Korea and Taiwan – the group suggest, and potential workers will have studied at certain institutions or have passed high-level exams in programming languages.Read more: One in five startups is planning to set up in Europe because of BrexitThe research from Coadec found 75 per cent of startups hire non-UK workers who are already in the country as students or already working for another company, which it believes highlights the need for other routes for startups to employ talent. The current Tier 2 visa is for those who have already been offered jobs and if those in the UK under the proposed new visa did not find a job after six months, they would have to return home.The group is also urging the government to consider the endorsing companies rather than applicants directly and the ability to offer equity compensation in place of the salary requirements of a Tier 2 visa.“For the UK’s tech sector to thrive, we have to find solutions to the current talent and skills shortages,” said Taavet Hinrikus, co-founder of unicorn startup TransferWise. “It’s everything from how we build the capacity in the UK through education, and how we attract the best from around the world through immigration policies. Post-Brexit, the need is even more pressing.” A fresh report from The Coalition for a Digital Policy (Coadec) identifies that the tech industry, which accounts for more domestic output than manufacturing and construction, is at risk of a shortfall in skills to the tune of 800,000 jobs by 2020.Read more: When fintechs and banks go speed dating“If Britain is going to succeed in a post-Brexit world, the UK’s tech sector must be able to hire global talent,” said Coadec chair Alex Depledge. “That means a smart visa system that enables the best and the brightest to come to the UK from wherever they are in the world.”The group is proposing that a new visa would sit alongside the existing Tier 2 visa scheme and the Tech Nation visa scheme used by many startups, allowing workers to seek work within the UK. Lynsey Barber whatsapp Share The UK’s tech leaders are calling for a new visa scheme to avert a potential skills crisis in the industry caused by Brexit.The government should create a new minimum six-month high-skilled visa to ensure the fast growing sector has access to talent after the UK leaves the European Union, as new figures reveal a third of startups’ first 10 hires come from outside the UK. read more

Downing Street says a new Scottish referendum would create uncertainty “at the worst possible time”

Monday 13 March 2017 12:46 pm Downing Street says a new Scottish referendum would create uncertainty “at the worst possible time” Read More: Sadiq Khan compares Scottish nationalism with racismLabour leader Jeremy Corbyn has said today that Westminster should not block a referendum if it is approved in Holyrood, where power is finely balanced.The SNP are a minority government, with both Labour and the Conservatives agreed that there should not be a second vote, but critically, Scotland’s Green party may also lend Sturgeon the support she needs to get a second vote on the books. whatsapp But Theresa May’s government has responded by attacking Sturgeon’s plans, and denying it had failed to collaborate over Brexit planning.Read More: Will Sturgeon’s second Scottish referendum brinkmanship backfire?”We have been working closely with all the devolved administrations – listening to their proposals, and recognising the many areas of common ground, including workers’ rights, the status of EU citizens living in the UK and our security from crime and terrorism,” a government spokesman said.“Only a little over two years ago people in Scotland voted decisively to remain part of our United Kingdom in a referendum which the Scottish government defined as a ‘once in a generation’ vote. Share Downing Street has hit out at Scottish first minister Nicola Sturgeon after the Holyrood politician revealed she would next week kick off her bid for a second independence referendum.Sturgeon today said she had hit a “brick wall of intransigence” in seeking to present Scotland’s Brexit fears to Westminster, and promised to seek a vote between Autumn 2018 and Spring 2019. The evidence clearly shows that a majority of people in Scotland do not want a second independence referendum. Another referendum would be divisive and cause huge economic uncertainty at the worst possible time.” Mark Sands whatsapp read more

Millennial salaries set to pick up after period of low growth post-crash, says think tank

first_img whatsapp Millennial salaries set to pick up after period of low growth post-crash, says think tank Share Sunday 16 September 2018 3:10 pm Despite average wages increasing 2.6 per cent in the three months up to July, growth is currently just ahead of the inflation rate. But a study from the Resolution Foundation suggests younger workers could be about to enjoy a period of wage growth, as starting salaries have risen for the first time in a decade, with those born between 1992 and 1995 earning an average salary of £299 a week. Those who entered the job market during the financial crisis who were born in the early 1990s have been left significantly out of pocket, taking home similar earnings to those born 15 years ago when they were the same age, the report said.Read more: WTF? Procter & Gamble looks to trademark millennial-friendly acronyms”Britain’s pay disaster was most acutely felt by those who entered the jobs market in the years during and since the financial crisis,” said research director Laura Gardiner.  More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org center_img Tags: Trading Archive “This 15 years of lost pay growth is unprecedented, and raises concerns about the potential long-term ‘scarring’ effects of being stuck on low pay when starting out,” Gardiner continued. “Although still tepid, pay growth is now building, and should gain pace as today’s 18 year olds begin careers over the coming years.” Housing market still ‘broken’However, in some areas Gardiner said the same problems of high rent and low home ownership will continue to effect younger millennials. “The decades-long pattern of lower home ownership rates and higher housing costs through successive cohorts shows no signs of budging without substantial intervention,” she said. “Many of these millennials will be entering a housing market that is broken – completely in the big cities – with rent providing a huge drag on their incomes.” whatsapp Josh Mines Millennial workers should be looking forward to an upturn in their pay packets after 10 years of “tepid” growth following the financial crash, according to an influential think tank. last_img read more

Asset manager Gam’s chief executive resigns after losing billions in asset outflows

first_img The Swiss group lost billions in the third quarter after its absolute return bond fund (ARBF) director Tim Haywood was suspended pending a misconduct investigation, causing investors to withdraw funds.Chairman Hugh Scott-Barrett said: “The group is facing some important decisions as we seek to position the business for future growth.“Alex and the board of directors jointly agreed that new leadership will better enable us to take the action necessary to support profitability and drive forward the group’s strategy.”Gam board member David Jacob will step up to interim chief executive while a recruitment search for Friedman’s permanent replacement is carried out.Friedman had faced criticism from investors over his handling of the misconduct investigation. Asset manager Gam’s chief executive resigns after losing billions in asset outflows Callum Keown by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeFinancial 10NHL Player’s Wife Is Hands Down The Most Beautiful Woman In The WorldFinancial 10MisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteabley Tags: Trading Archive Share center_img The chief executive of embattled Swiss asset manager Gam Holding has stepped down following an $18bn (£13.8bn) slump in the value of its assets.Alexander Friedman resigned today, the company said, as it faced “important decisions” to secure the future growth of the business. whatsapp whatsapp Gam suspended Haywood in July following an internal investigation into his risk management procedures and his record keeping, it said.It also accused Haywood of breaching policy on gifts and entertainment and using personal email improperly.Group assets under management fell from SFr 163.8bn (£126.8bn) in June to SFr 146.1bn for the three months to the end of September, the firm said last month.Its investment management business dropped from SFr 84.4bn to SFr 66.8bn over the period, a 21 per cent fall.At the time Friedman said the consequences of Haywood’s suspension marked a “clear setback” for the company. Tuesday 6 November 2018 9:45 amlast_img read more

Square Mile lags behind Orkney Islands to clinch the slowest internet in Britain

first_img Square Mile lags behind Orkney Islands to clinch the slowest internet in Britain Friday 9 November 2018 6:09 pm August Graham Companies, meanwhile, can often afford to front the costs to bring in new technology, while residents are instead turning more and more to mobile alternatives.Although other areas of London have better speeds than in the Square Mile, no boroughs in Inner London made the UK’s top 100.RS Components, which drew on data from Ofcom, said internet access is vital for the economy, but that despite recent investment “the UK is still struggling to bridge the gap between those with sufficient internet access and those without.” Homes in the City of London have the slowest internet in the country, with speeds even in the remote Orkney Islands outstripping the square mile, a study has shown.Residential fixed-line broadband speeds average 15.1 megabits per second in the City, almost seven times slower than York, which is the fastest in Britain. whatsapp whatsapp Share This puts the Square Mile at the bottom of the pile, behind the Orkney Islands, with 17.6 Mbps, Powys in Wales, with 20 Mbps, and Argyll and Bute on the west coast of Scotland, RS Components found.York, where speeds average 102.9 Mbps, is the fastest in the country, followed by North East Lincolnshire and West Dunbartonshire.The government announced in July it would boost rural communities with a £45m investment to improve broadband speeds.The money will be given to local communities where speeds of 30 Mbps or more are not available or planned.Those who live in the City of London, unlike businesses, are often forced to deal with slower internet speeds, as it is difficult to replace old copper lines in the densely populated area. Tags: Trading Archivelast_img read more

Saudi Aramco strengthens grip on South Korean demand with $1.6bn deal for Hyundai Oilbank stake

first_img The world’s largest energy company Saudi Aramco is looking to take a $1.6bn (£1.2bn) stake in a South Korean oil refiner, as it seeks to diversify its portfolio.The firm is planning to take a 20 per cent of Hyundai Oilbank, the smallest refiner in the country. Monday 28 January 2019 8:19 am Saudi Aramco strengthens grip on South Korean demand with $1.6bn deal for Hyundai Oilbank stake Last year South Korea imported 885,000 barrels per day from Saudi Arabia. Hyundai Oilbank has a total capacity of 650,000 barrels per day.Read more: Saudi Aramco boss says listing will take place within three yearsSources told Reuters that Oilbank’s parent Hyundai Heavy Industries Holdings will offer the stake at a 10 per cent discount to the 10 trillion won valuation (£6.6). However shares in the parent company closed at 3.8 per cent up after highs of up to 6.6 per cent earlier in the day.Hyundai Heavy Industries said it was reconsidering a planned listing of its refinery arm after the stake sale. It was originally meant to float last year. whatsapp whatsapp August Graham Share Read more: Saudi Aramco signs $25bn in deals as it looks to increase local contentThe deal will see the Saudi state-owned company add to its holdings in the world’s fifth-largest oil importer. The deal will strengthen Saudi Arabia’s energy hold over South Korea, which already relies on the gulf state as its biggest supplier.It already owns a 63 per cent stake in South Korea’s third largest refiner S-Oil Corp.The deal comes as Saudi Aramco looks to diversify its cash flows before it lists in 2021.“Saudi Aramco seems to be boosting investments in downstream projects ahead of an initial public offering,” said Lee Dong-wook, an analyst at Kiwoom Securities. Tags: Trading Archivelast_img read more

City Moves for 18 February – who’s switching jobs at Clarkson, Brunswick and Maistro?

first_img whatsapp whatsapp Tags: Trading Archive Share Louis Ashworth More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org center_img Who’s on the move today?ClarksonClarkson has announced the appointment of William (Bill) Thomas as chair. Bill will also chair the nomination committee, and serve as a member of the remuneration committee. Bill brings extensive international technology and management experience to the board, gained through both his executive and non-executive careers. Bill currently chairs Spirent Communications, listed on the London Stock Exchange, and Node4, an unquoted IT infrastructure and services provider. City Moves for 18 February – who’s switching jobs at Clarkson, Brunswick and Maistro? by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funnybonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comMisterStoryWoman files for divorce after seeing this photoMisterStoryLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerGadgetheory39 Of The Most Beautiful Women In HistoryGadgetheory He also serves as an independent non-executive director of The Co-operative Bank, where he chairs the remuneration committee and is a member of both the risk committee and the nomination committee. He is a member of the international advisory board of cyber security specialist Fireeye; and chairs the board of trustees of the Royal Navy & Royal Marines Charity. Bill has previously served as a non-executive director on the boards of GFI, Xchanging, Balfour Beatty and VFS Global. His executive career included senior roles at Hewlett Packard and EDS.BrunswickBrunswick Group, a global advisory firm specialising in critical issues and corporate relations, is pleased to announce that John Davies will join the firm as a senior adviser based in London and Brussels. John joins Brunswick from Freshfields Bruckhaus Deringer where he is a senior partner in its antitrust, competition and trade group, of which he was formerly global head. John works out of both Brussels and London and served as managing partner for Freshfields’ Brussels office for 10 years, which he founded in 1989.He was also a leader of the firm’s public interest and foreign investment practice. John will focus on further developing Brunswick’s leading antitrust and foreign investment practices, drawing on his deep understanding of competition and regulatory intervention in Europe and elsewhere, and his experience advising high-profile clients across different industries and jurisdictions.MaistroMaistro, the artificial intelligence-powered procurement marketplace for services, today announces the appointment of Neale Pritchard as chief commercial officer. Neale will roll out the commercial strategy across sales and marketing to amplify Maistro’s position as a modern procurement technology provider. Neale has over 20 years’ experience driving success within fast-growth, international companies, most recently leading UK-based People for Research where he was chief operating officer. Monday 18 February 2019 12:43 amlast_img read more

It’s not about copyright – the EU is trying to destroy the internet

first_img Share Combine these two factors, and content with the smallest elements of copyright material – or even simply suspected material – is likely to be flagged, and increasingly removed.Copyright law has its fans and its critics. But you don’t even need to be an opponent to recognise that this EU Directive will significantly worsen the user’s experience on the internet. To put it in meme terms: “One does not simply take this lying down.” whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funny Copyright law is especially up for debate, as people place different emphasis on the benefits for the individual versus benefits reaped by the public.But the EU Copyright Directive – which was passed by European Parliament this week with the support of 348 MEPs – is in many ways not an issue of copyright law at all.The legal right to protect one’s work is being used as a guise to bring in taxes by stealth and burden online platforms with near impossible standards of conduct.The two most controversial points in the law – Article 11 and Article 13 – are almost certain to stifle digital activity, and interfere with the free way that people currently use online platforms.Article 11, known as the “link tax”, would make online platforms compensate press publishers for links and article content posted on their sites. Article 13 will also be distortive to the market, as it makes online platforms increasingly liable for copyright infringement.As Hewson’s briefing notes, major online platforms already have routine screening processes for content that violates copyright law or their own rules. But the new regulations “remove the protection for platforms previously available if they removed violating content promptly on receiving notice of it, and contravene fundamental rights such as free expression and freedom from monitoring”.The Directive claims that safeguards – including pastiche, parody, and quotations – will be protected, and that meme content has been excluded.But the algorithms which these platforms will have to implement to adhere to Article 13 are going to struggle to see the difference between infringement and fair use when comparing uploads to content that is registered as copyrighted.The financial risk, in the form of a major liability, is so loaded against these platforms that they will inevitably err on the side of caution. Tags: Brexit Facebook Tax Twitter As my colleague Victoria Hewson highlighted in her latest briefing, this approach has been “widely criticised as a distortive measure that seeks to prop up a declining industry”.As many local and national newspapers decline in readership and revenue, governments have become increasingly protectionist in their attempts to “rebalance” the sector, by cracking down on online platforms.The link tax has little merit, even if rebalancing is the goal. News outlets which require payment for readership already have logins and paywalls to protect their content from free access.Posting a City A.M. article word-for-word on your Facebook wall clearly undermines the publisher, but posting a link on Twitter with a quote or a few teaser lines is a win-win scenario: it provides content for the social media platform, and advertisement and click-throughs for the original publisher.Far from a copyright protection, Article 11 is really an attempt to find something new to tax in one of the few areas of everyday life that hasn’t yet been slapped with a government price tag. Friday 29 March 2019 4:27 amcenter_img City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. Kate AndrewsKate Andrews is associate director at the Institute of Economic Affairs. It’s not about copyright – the EU is trying to destroy the internet One of the feistiest debates in the classically liberal community revolves around the concept of property rights, especially in the digital age. I realise that, for many, this may not seem the sexiest topic, but at least this column isn’t about Brexit, so stay with me.Those who broadly share a similar, free-market worldview can take vastly different approaches to the concept of intellectual property. Supporters argue that IP protects a creator’s work and labour even if it doesn’t produce physical goods, while opponents consider it to be a distortive intervention that harms the economy. whatsapp Opinionlast_img read more