Connect with us

Top Stories

Geo- Blocking Regulation (EU) 2018/302

Geo- Blocking Regulation (EU) 2018/302

The recently adopted EU Regulation302/2018 onGeo-blocking (the “Geo-Blocking Regulation”) addresses the geographically based restrictions which undermine the cross-borders transactions within the Digital Single Market. The Geo-Blocking Regulation ensures equal treatment within the single market irrespective of the geographical area that the potential buyer makes the purchase of the product or service.

TheGeo-Blocking Regulation applies both to Business to Consumer situations and to Business to Business situations.

The main aim of the Geo-Blocking Regulation is to restrict forms of discriminatory behaviours arising from the customer’s nationality, place of residence and/or establishment within the internal market of the European Union and to eliminate discriminatory practices which are inconsistent with the principles that underpin the internal market’s freedoms of movements of goods and services. Consumers and business enterprises should be able to benefit from a barrier-free integrated internal market, free from any discriminatory practices with access to the digital single market and to services offered in cross border transactions within the European Union.

The EU Regulation does not cover services relating to copyright or date-protected content such as digital media or streaming services or software. However, the European Commission will conduct a general assessment of the impact of the Regulation within the internal market and review its content depending on the results of the assessment.

The Regulation will enter into force from 3 December 2018.

Our professionals and legal team has the experience and expertise to provide advice and assistance on all matters relating to the new regulation.

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Recommended

Newsletters with Secrets & Analysis. Subscribe Now