Many bold decisions were taken by TMT players in 2020 to protect their workforces and to ensure that they continue to be able to deliver technology, connectivity and digital transformation across sectors. Significant trends are now expected to impact the TMT industry in 2021.
In the 2021 edition of TMT Looking Ahead, our industry expert lawyers identify key global trends, provide helpful insights and offer practical tips for TMT businesses in the following areas:
- Digital Transformation & Technology — 2020 was the year of accelerated digital transformation. Now, at the start of 2021, we look at the latest trends and future developments in select key topics, including technology in the compliance function, cloud services, 5G, drones and data centers.
- Key legislative developments to watch for in 2021 — There will be numerous developments to watch for in 2021, but among those on top of the list there will be the European Commission’s proposals for regulating the digital economy — the Digital Services Act and the Digital Markets Act. We also dive into other significant topics, including the volatile geopolitical environment as well as digital services taxes.
- The new normal — Two trends that will continue to be pivotal in 2021 are continued supply chain diversification and remote working – and, of course, we will focus on tech M&A, sustainability, the content production industry and the impact of Brexit on the telecoms sector.
- Data — Last but certainly not least, we offer our latest insights on data and data security. Topics include questions such as how might TMT businesses best approach the increasing regulatory scrutiny of data? What is happening around data litigation? We also cover the fast growing area of online gaming privacy with its increasingly complex data ecosystem.
Raffaele Giarda is the global head of Baker McKenzie's Technology Media & Telecoms Industry Group and co-heads the IPTech and Corporate/M&A practices in the Firm's Italy offices. Raffaele assists domestic and multinational clients in the areas of technology, telecoms, media, M&A, corporate law and commercial contracts. He advises on regulatory matters as well as on wireless networks and services, infrastructures rollout and provision, satellite networks, media platforms, mobile virtual network operators (MVNO), interconnection and access, the Internet of Things (IoT), other internet protocol scenarios, disruptive technologies, Artificial Intelligence (AI) and connected vehicles.
Kate handles all aspects of cross-border tax structuring for UK-headed and non-UK headed groups. She is particularly knowledgeable in UK DPT provisions, CFC regime, loan relationship anti-avoidance provisions and the new interest limitation rules. She regularly assists multinational companies with the design of their global holding and financing structures.
Carolina Pardo is a lawyer and specialist in International Contract Law graduated from Universidad de los Andes. She obtained a LL.M. with specialization in International Private Law and Competition Law from the London School of Economics and Political Science.
Over 20 years, she has advised major national and international clients on matters related to compliance with data protection, competition and consumer law rules. She has also successfully coordinated and prepared proposals for submission to national authorities on behalf of major industrial groups in Colombia.
Lothar has been helping companies in Silicon Valley and around the world take products, business models, intellectual property and contracts global for nearly 20 years. He advises on data privacy law compliance, information technology commercialization, interactive entertainment, media, copyrights, open source licensing, electronic commerce, technology transactions, sourcing and international distribution at Baker McKenzie in San Francisco & Palo Alto.
Adrian is the Head of the Firm's Asia Pacific Technology, Media & Telecommunications Group. His practice focuses on advising on online and offline media interests including digital copyright, data and information transfer, content and advertising regulation, consumer protection, defamation, online payment systems and transaction engines, online gambling, website risk minimisation measures, online security and cryptography, securities licensing, and trade marks and domain names.
Zhenyu "Jay" Ruan
Jay Ruan specializes in corporate and M&A and regulatory advisory matters in China. He has acted for clients across a broad range of industries, and has extensive experience in advising clients on strategic joint ventures and business alliances, corporate-commercial and technology transactions, TMT regulatory matters as well as financial service and insurance regulatory.