Do you believe your legal system specifically encourages or hinders digital services?

Technology (second edition)

Switzerland Small Flag Switzerland

The Swiss regulatory framework encourages digital services, in particular due to the technology-neutral approach of the legislator, thereby allowing for ample room for development for technology driven business models and companies. Hence, there are generally no regulation-induced impediments to technology innovation under current law. Government authorities periodically review developments in technology and generally emphasize the importance of making use of technological progress. Considerable efforts are undertaken to further facilitate lower market entry barriers for technology-driven business models.

China Small Flag China

Tensions exist among different laws which protect various interests, such as social warfare, freedom of contract, privacy and consumer benefits. As a national strategy, the state encourages the development of the internet and digital service industry which is called Internet Plus. In past a few years, the industry policies and laws favoured enterprises to develop their business in this field. On the other hands, lawmakers nevertheless show concerns that new models of digital services may jeopardize the national security and invade the privacy of individuals. It is not until recently that the legislature and the government have intensively issued new laws, for example, the Cyber Security Law to emphasize the importance of protecting national security and data security and provide clear instructions on how network operators and operators of CII should behave in securing these interests. Further, virtual currency and the services provided for the exchange of virtual currency are illegal in China because they may bring financial risks as recognized by the lawmaker.

Updated: July 13, 2018