€ 70M (and € 2.5 bn?) save for VLTs licensees

The Public Court of Lazio Region cancelled the € 70 million aggregate penalties issued by the Italian gambling regulator, AAMS, against ten Italian videolottery concessionaires, but such decision might have a much higher value.

Is this court decision a € 2.5 bn save? 

Top 5 outsourcing issues - #4 forum selection and applicable law clauses

Implications of forum selection and applicable law clauses are often underestimated, but they become a major issue when outsourcing agreements have to be enforced. After having discussed about liability, termination and SLAs and penalty clauses, we will review the most often issues connected with such clauses.

Digital signature brings Italy a step ahead

The approval of the new technical requirements applicable to digital signatures represent a major innovation that might ease the execution of international contracts and create opportunities for providers. 

The year of crowdfunding for start-ups?

Crowdfunding seems to have become one of the best venues for start-ups to raise funds according to the Crowdfunding Industry Report and the recent regulatory developments in Italy on the matter may be an interesting opportunity for venture capital funds, incubators and start-ups. 

Online pharmacy sanctioned for illegal sale of products

An online pharmacy has been sanctioned with a fine of € 200,000 for unfair commercial practices connected to the sale of pharmaceutical products online.