While the future of the UK and European Union (EU) trade relations may still be unclear, telecommunications firms should be preparing for the departure of the UK from the EU in March 2019. Upon leaving the EU Customs Union, the UK will either have a free-trade agreement with the EU or trade between the two jurisdictions … More Telecom firms must prepare for Brexit
Global M&A activity among telecommunications (telco) companies reflects the ongoing transformation impacting the sector in response to increasing competitive intensity, evolving consumer behaviors and disruption from so-called “over-the-top” (OTT) players, which deliver audio, video or other media over the internet without the involvement of a multiple system operator in the control or distribution of the … More Data privacy considerations in telecommunications M&A: do you know your risk?
Read the full report here. A number of social, economic and technological trends are working together to disrupt mobility. The automotive industry, in particular, is experiencing a massive amount of change. In the not-too-distant future, fully autonomous vehicles will be the norm rather than the exception, redefining urban mobility as we know it — and … More The evolution in self-driving vehicles: Trends and implications for the insurance industry
A defining element of the digital economy is that services are provided for free to consumers. The quid pro quo is that the service supplier (for example, Google) can monetize the data generated by the consumer, often in ways in which the consumer is not fully aware. Based on this business model, future car manufacturers … More Connected cars: Navigating the competition law implications
It was supposed to be a bad year for biotech. For this sector, the simplest of truisms has always held: what goes up must eventually come down. Markets peaked in 2015 and declined in 2016; payer pressure and US election year rhetoric weighed on the sector; drug approvals fell sharply; and biotech companies faced a … More Beyond borders: Biotechnology report 2017 – Staying the course
In March 2017, the G20 Young Entrepreneurs’ Alliance (G20 YEA) and EY conducted a survey of the G20 YEA network of young entrepreneurs. The survey was distributed through G20 YEA country sherpas to the global G20 YEA network, through an online platform. A total of 243 young entrepreneurs provided responses to the survey. Read the … More Beyond disruption: Policy action to grow digital entrepreneurship
The second edition of the EY BaroMed report is a barometer for foreign direct investment across the “Euromed region.” The 28 countries that we include in this report as part of the Euromed region share a common history and are bound by mutual flows of trade, investment and migration. Read more here. In a world … More EY BaroMed 2017: Attractiveness of the Mediterranean, Middle East and Gulf region for foreign investment
The European Court of Justice (ECJ) has weighed-in on a long debated area of data protection law by ruling that the definition of personal data extends to dynamic IP addresses. In a ruling dated 19 October 2016 (ref.: C582/14), the ECJ found that dynamic IP addresses constitute personal data whenever the website host that processed … More EU: Court of Justice rules on dynamic IP addresses
First published on betterworkingworld.ey.com Blockchain is more than just a data security protocol — it could transform the way industries and individuals do business Blockchain and the proliferation of the Internet of Things (IoT) presents an important opportunity to revolutionize supply chains, payments and revenue streams. But there are several unknowns and a number of … More With blockchain, what comes first, opportunity or threat?
Despite current geopolitical and financial market volatility, investment plans into Europe over the next three years are strong, with 56% of global investors planning to grow their presence in Europe, according to the EY 2017 European attractiveness survey – Plan B for Brexit. This contrasts with the findings from the EY survey conducted last May, … More Strong global investment appetite into Europe despite geopolitical instability