As the pandemic continues to disrupt the world, with the regular schedule of events in almost every industry, market and country either cancelled or postponed, alternative digital solutions are increasingly welcome.
The virtual ‘e-vent’ is nothing new. Digital streams, webinars and broadcasts have been used in various instances for several years, with the likes of concerts, sporting events and fashion shows regularly streamed live for people unable to attend in person.
But the difference now is just that. People are simply unable to attend anything. Live-streamed events still went ahead before with an audience physically in attendance but under the current circumstances, this has not been possible.
Robert Lockyer, owner of luxury packaging provider, Delta Global says that instead, an opportunity has arisen for brands to create alternative solutions for now and in the future. Rather than simply recreating an event for an online audience, with a little
The UK competition watchdog has lobbied the government for emergency powers to crack down on companies profiteering from the pandemic after finding itself hamstrung by existing laws.
The Competition and Markets Authority has asked the government for “emergency time-limited legislation” to pursue retailers bumping up prices for products such as hand sanitisers and face masks in response to the virus.
The CMA received 21,000 complaints between March 10 and April 19 related to Covid-19, including alerts about price gouging. The average price increase across all such reports was 130 per cent — and in the case of hand sanitisers, an average of 367 per cent.
It has promised to take enforcement action where necessary. But competition lawyers say the watchdog is all but powerless to penalise offenders because of the limited nature of competition and consumer laws in the UK, which do not cover price gouging.
Mary Vanac has been hired by the Cleveland Business Journal as a reporter.
Ed Stych writes, “Vanac will focus on covering economic development and commercial real estate in Cleveland.
“She brings a wide range of experience to the job, previously holding reporting positions at the Akron Beacon Journal, the Cleveland Plain Dealer and Columbus Dispatch as well as researching and editing books for Braun Ink, which produces executive biographies.
“She also co-founded MedCity Media, a company that produces content and events for the health care and medical innovation industries.”