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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Autonomous vehicles are a common way for third parties to collect personal information about users. In an increasingly connected world, the concept of mobility as a service where rental or ridesharing services enable users to book, use, and pay for transportation has taken off and varying levels of AVs are increasing in popularity.
AVs range from cars that have some level of automated assistance with steering, parking, or breaking, to fully self-driving vehicles. While AVs offer many benefits to consumers, the vehicles collect an enormous amount of personal information about passengers. Some of the information collected may be shared with third parties that use the data for secondary purposes. While no federal law directly addresses these concerns, several state laws apply to the types of personal information AVs collect.
This article examines personal data collection of ridesharing or rented AVs. It reviews personal data collection of different types of AVs, what passengers should be aware of, and legal considerations for AV operators.
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It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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