Pricing algorithms: next enforcement challenge for Competition Authorities?

The potential anticompetitive impact of the automation of decision-making has become a topic of great interest in recent times. Self-learning pricing algorithms are focusing the agenda from the European competition authorities due to two potential harmful effects on business conduct: price discrimination and collusive practices. It is precisely the second effect that is generating greater uncertainty and debate. One of the key questions is whether it is possible to design a fully-autonomous software capable of colluding without any explicit human intervention and contact between competitors.

Spain: Orangina-Schweppes settles CNMC parallel trade investigation

The Spanish National Competition and Markets Commission (CNMC) has closed an investigation of Schweppes, S.A., the Spanish subsidiary of the Orangina Schweppes Holding B.V. group (“OSHBV”) in relation to restrictions of parallel trade. The CNMC opened an investigation in September 2015 after receiving a complaint against agreements between Schweppes S.A. and several distributors including a clause preventing the distributors from selling Schweppes branded tonic water that had not been produced in Spain. The Cola-Cola group owns the trademark “Schweppes” in the UK and ten other EU Member States whereas OSHBV owns the trademark in Spain...

Las ventas de derechos audiovisuales a una plataforma de streaming ‘Vídeo On Demand’ no tributan por IVA

La Dirección General de Tributos (DGT) emitió el 15 de junio las resoluciones vinculantes V1533-17 y V1534-17 en las que se pronuncia sobre una cuestión de interés en un momento de creciente importancia del comercio electrónico y las formas de explotación bajo demanda en el sector audiovisual (Netflix, HBO, Amazon, Waki, etc…). En concreto, se plantea la sujeción al IVA de la cesión de los derechos de explotación en España de obras cinematográficas por parte de una entidad establecida en España a favor de una entidad establecida en EEUU, la cual pertenece a un grupo...