<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=Windows-1252">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
Dear all,</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
We are pleased to announce our upcoming ALTI talk (part of our “Law & Technology & Economics” seminar series) on
<b>May 16 from 12:00 to 13:00</b> (Friday):</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<a href="https://alti.amsterdam/event/godefroy-de-boiscuille/" target="_blank" id="OWAf7d0f09a-0bf7-e39d-f57a-9ab395fe42b0" class="x_OWAAutoLink" title="https://alti.amsterdam/event/godefroy-de-boiscuille/" rel="noopener noreferrer" data-auth="NotApplicable" data-linkindex="0" style="margin: 0px;">https://alti.amsterdam/event/godefroy-de-boiscuille/</a> </div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
Our guest is <b>Godefroy de Boiscuillé</b>, a Maître de Conférences at Côte d’Azur University and Co-Director of the Chair Competition & Digital Economics at Panthéon-Assas University Paris II. He brings a wealth of experience with EU institutions.</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<b><u>Description</u></b>: The goal of creating a unified digital economy is being undermined by the steady rise in trade barriers, often framed under the innocuous term “ex ante regulation.” This presentation will focus on four key points: (1) In digital markets,
the approach of negative integration—removing barriers to trade—is increasingly contradicted by new measures that have effects equivalent to quantitative restrictions. (2) The strategy of positive integration—establishing EU-wide norms and standards—is weakened
by the proliferation of conflicting standards. (3) Exceptions to the free movement of goods are multiplying, justified by objectives that often conflict with other equally important goals. (4) While the Digital Single Market is based on the principles of the
common market, it introduces a less liberal philosophy compared to the traditional internal market framework. Together, these dynamics reveal a paradox: the very goal of a unified digital market risks being undermined by the growing layers of regulation fragmenting
the digital economy.</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<a href="https://alti.amsterdam/event/godefroy-de-boiscuille/" target="_blank" id="OWAe60e261f-9379-8b7d-59e7-3a82ef0f01a5" class="OWAAutoLink" title="https://alti.amsterdam/event/godefroy-de-boiscuille/" rel="noopener noreferrer" data-auth="NotApplicable" data-linkindex="1" style="margin: 0px;">Registration
is free</a>, as always.</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
All the best,</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
Thibault Schrepel, on behalf of the ALTI board</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<br>
</div>
<div class="elementToProof" style="text-align: left; text-indent: 0px; margin: 0px; font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<img id="x_image_0" width="538" height="359" style="width: 538.5px; height: 359px; max-width: 780px; min-width: auto; min-height: auto; margin: 0px;" size="10286966" contenttype="image/png" data-outlook-trace="F:1|T:1" src="cid:8bbe12e7-379c-44e1-a8dc-a15007d2d830"></div>
<div class="elementToProof" style="font-family: Aptos, Aptos_EmbeddedFont, Aptos_MSFontService, Calibri, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<br>
</div>
</body>
</html>