
Researching the evolution of the role of European collective rights management societies makes interesting reading, especially now that such role is challenged on a daily basis by authors, European regulators and courts, as well as commercial users.
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Tax free shopping, in France alone, had a volume of around 4 billion Euros in 2012, progressing between 25 and 30 percent per year. As Chinese tourists spend around 80 percent of their shopping budget in Paris, in particular at ‟Les Galeries Lafayette” and ‟Printemps”, tax free shopping, also called VAT refund, is a bonanza…