Experimental Legal Regimes of Digital Innovations (Regulatory Sandboxes) in Russia and Foreign Countries
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Experimental Legal Regimes of Digital Innovations (Regulatory Sandboxes) in Russia and Foreign Countries
Abstract
PII
S1991-32220000622-3-1
Publication type
Article
Status
Published
Authors
Elizaveta Gromova 
Occupation: Deputy Director of the Institute of Law, Associate Professor at the Department of Business, Competition and Environmental Law
Affiliation: South Ural State University (National Research University)
Address: Chelyabinsk, Russia
Edition
Pages
20-30
Abstract

Experimental legal regimes (regulatory sandboxes) are a tool actively used in Russia and abroad aimed at creating an environment favorable for the creation of digital innovations and the development of innovative entrepreneurship. This legal regime allows business entities to “test” innovative business models, products and services in conditions of non-application to them of a number of requirements of the current legislation, while entering the real consumer market. The state can not only assess the need to create individual digital technologies, but also stimulate their development by applying these “deviations”, as well as use the experience gained as a result of such an experiment for more effective legal regulation of competitive digital technologies. Despite these advantages, this tool has been criticized more than once from the point of view of insufficient measures to ensure the rights of consumers of innovative services. Such criticism can undermine public confidence in this new and very promising institution.

The purpose of the study is to identify the features of models of experimental legal regimes (regulatory sandboxes) in Australia, Brazil, Great Britain, India, Italy, China, the UAE, Russia and Singapore.

Research methods: comparative legal and formal legal analysis of the regulation of experimental legal regimes (regulatory sandboxes).

Conclusion: based on the application of uniform comparison criteria, the features of national models of experimental legal regimes of digital innovations (regulatory sandboxes) with a number of “vulnerabilities” in terms of the lack of effective mechanisms to ensure the rights of consumers of services within such experiments have been identified.

Keywords
regulation, experimental legal regime, regulatory sandboxes, digital innovations, digital technologies
Date of publication
13.06.2023
Number of purchasers
12
Views
237
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0.0 (0 votes)
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