Abstract In today’s technological landscape, marked by continuous flow of data, it is difficult to think of data in terms of property rights, based on ownership. This is because data principals are almost always excluded from this ownership right and associated gains. With a specific focus on...

The German federal government presented a legislative proposal on tax- and especially VAT law with the focus to combat VAT fraud in (international) ecommerce on July 31st 2018. This draft legislation is explained and discussed.

In a full-information, zero transactions costs world, the degree of protection afforded to an entitlement does not affect the likelihood of efficient trade. In reality, imperfect information is often inevitable. Specifically, a party will usually have incomplete information about fairness norms...