SCHEDULE 6.30pm Drinks and Networking 7.00pm Discussion 8.30pm Drinks and Networking 9.30pm Event Ends Dress Code: ‘Relaxed’ Business Attire (ties optional)
In August 2018 HM Government announced an enquiry into Digital Competition in the UK. Philip Hammond, announcing the review, said: ‘The UK is leading the way in the digital revolution….This is something to be proud of, but at the same time it is only right that we ask the big questions about how to ensure these new digital markets work for everyone’. The impact of digital and technological disruption has enabled the rapid growth of a new breed of global companies. Five of the most well-known of these companies, Facebook, Amazon, Apple, Netflix and Google, the FAANGs, now have a total market capitalisation of around US$3.30tn — making them bigger than the entire FTSE 100. In their different and innovative ways these companies have changed, forever, the way we use and access technology to create and receive media and to communicate with each other. Yet does their very size, disrup-tive business culture and global footprint mean that they can or should disregard the regulatory framework?
Do recent examples of fake news, illegal content and misuse of data suggest that the FAANGs are just too powerful and can use their market power to be one step ahead of the regulator? As Voltaire said, “With great power comes great responsibility”.
The 2018 IPso FACTo forum will discuss and debate these issues to see if Voltaire’s words mean anything in the digital world of the 21st Century. TOPICS TO BE DISCUSSED: • How have these companies achieved their market power? • Are the existing national and international commercial and legal frameworks fit for purpose in regulating global companies of such size and power? • How can fair competition, prevention of abuse of market power and enforcing fair and proper use of personal data be achieved? • Are new business models emerging which will disrupt the disrupters and re-align markets behind new ways of content distribution?
THE FORUM Trevor Fenwick, Upper Warden and Chairman, Euromonitor International, will chair the discussion with Liverymen Laurie Kaye and David Worlock challenging our Expert Witnesses. GUEST SPEAKERS • Charles Arthur—Freelance science and technology journalist, and author of Digital Wars: Apple, Google, Microsoft and the Battle for the Internet. From 2005-2014. Charles was technology editor at The Guardian newspaper, where he worked on stories including Wikileaks, Anonymous and issues arising from the concentration of the traditional and emerging media channels. • Gregor Pryor - Gregor is co-chair of The Global Entertainment and Media Industry Group at Reed Smith. Recognised as a leading international lawyer in digital media he has advised music, broadcasting and platform providers on commercial, licensing and copyright issues.
Tickets are £10.00 (incl VAT). Please book your tickets below by Wednesday, 7 November 2018 after which no refunds will be given.