Apply for a Startup Permit and set up your business in Finland 

Finnish Startup Permit enables entrepreneurs from outside the EU to establish a startup company in Finland. Applying for the permit is an easy two-step process that can be done online. First, you need to receive an Eligibility Statement from Business Finland, which assesses whether your business is suitable for the...

EU and WTO Members Reach Deal to Simplify Trade in Services

On December 2nd, 67 members of the World Trade Organization (WTO), including the European Union, concluded negotiations on an agreement to simplify trade in services and to reduce red tape in that sector. The signatories, including key players such as the United States, the United Kingdom, EU, and China, represent...

New guidelines on the use of cookies clarify the practices for giving consent

The Finnish Transport and Communications Agency, Traficom, has published new cookie guidelines for both website users (in Finnish) and service providers (in Finnish) in September 2021. The guidelines also apply to other tracking technologies similar to cookies, such as tracking pixels and cookies stored through mobile applications.  The aim of the guidelines is, in...

The European Commission published its landmark AI regulatory package – proposing a risk-based approach to Artificial Intelligence systems

The Commission revealed its much-anticipated, first ever proposal for a legal framework on AI The proposal, called the ‘Regulation laying down harmonised rules on artificial intelligence (Artificial Intelligence Act)’, is first of its kind. There has not been a specific, harmonised legislation regulating the provision or the use of AI...

The Epic Battle Continues

In September 2020, we discussed the Epic Games vs. Apple (and Google) case in our blog post. To cut a long story short, Epic Games introduced a new payment system for its best-selling mobile game, Fortnite, offering an alternative in-app purchase method. The new payment system bypasses the 30 %...

GameRefinery, one of Finland’s fastest growing scale-ups, was acquired by Vungle – Lexia advised in the process

GameRefinery, a Finnish leading gaming analytics company, was acquired by a mobile performance advertising platform Vungle at the beginning of March. GameRefinery provides game developers and publishers with tools to commercialize their games and to understand the elements of a successful mobile game. The company’s constantly growing service database already covers...