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 Term of use

The following conditions (hereinafter 'General Conditions') apply to the use of all the services (hereinafter the 'Services'), identified and briefly described in Art 1 below, offered by Privatization Barometer (hereinafter 'PB'' or “the Site”), identified by the URL http://www.privatizationbarometer.com

1. Identification of the Services

The Services accessible through the Web Site are currently identified as follows:

a) “atlas” includes country reports, documents and charts;
b) " database " includes a searchable data bank of transactions;
c) “news” including a real-time coverage on privatization news provided by MF/DowJonesNews
d) “newsletter” including a quarterly publication in electronic format ; e) “archive” including research papers references, legal documents and tender announcements; f) “PB indexes” including financial indexes of share prices and benchmarks

PB may extend the range of services by communicating with users on the Web Site. In this case these General Conditions will also apply to all successive Services as may, from time to time, be identified.

2. Intellectual and industrial property rights in relation to the Site and its Services

The User expressly recognizes that all intellectual property rights, for example, know how, source codes, software, hardware, projects, applications, patents, industrial secrets, formulae, algorithmns, models, data bases or similar, related to the Services, the data and all other material coming from PB or, in any case, made available to the User by PB by virtue of the General Conditions, remain the exclusive property of Fondazione IRI and Fondazione Eni Enrico Mattei, and that no rights, except that of the exclusively personal use in line with the terms of the General Conditions, are given to the Users concerning the above. The data bases on which the Services are based (hereinafter the 'Data Bases') as well as the contents of the Web Site are protected by copyrights, as per Law N°633 of 22 April 1941, also as modified by the Legislative Decree N°169 of 6 May 1999 (hereinafter 'Copyright Law'). The Data Bases are also the object of significant investments by PB, and are consequently also protected Artt. 102 bis and 102 ter of Copyright Law. Under the terms of such protection, the only use concede to users of the Data Bases is that which is in line with the terms of these General Conditions. In no case must these General Conditions be interpreted to give users to extract, in total or in part, from one or more of the Data Bases, or the extraction or repeated and systematic use of not substantial parts of the content of one or more of the Data Bases.

3. Provision of Services

Even though User's may access and use Services that are not subject to any form of payment, the User agrees to the following:
a) PB may at any time suspend or definitively interrupt the provision of Services, in whole or in part;
b) Use of the Services is at the User's own risk and responsibility;
c) Services are provided to the User are not subject to any form of payment in the form in which they are found, and without any guarantee of validity, accuracy or continuity;
d) PB does not guarantee that the Services will correspond to the requirements of the User, or that they shall be uninterrupted, convenient, secure or without errors;
e) PB does not guarantee the results that are expected, hoped for or obtained from the use of the Services;
f) The Services provided by PB do not include those related to telecommunications (including the data transmission services via internet); the acquisition of such telecommunication services must be made autonomously by the User;
g) The Services may not be supported by any of the commercially available browsers and/or operating systems or some versions of the same. It is therefore the User's responsibility to identify the correct combination of software and hardware to provide an adequate degree of useful access to the Services

4. Prohibition on the sale or commercial use of the Services

The User's right to the utilization of the Services is personal and may not be cede top other persons. The User may access Services as an individual for purely personal use and, in any case, not for gain, profit or any other economic end. The User may not use any of the extracted contents in intellectual works. Users may not reproduce, publish, distribute, create a data base, translate, adapt, duplicate, copy, sell, subject to framing or deep linking, resell or in any way exploit for commercial purposes, gain or profit the services, either whole or in part, or as extracted from the Data Bases, including the use of or access to the Services.

5. Links

PB may provide links to other sites or other internet resources. The User understands and accepts that PB has no control over the content of such sites and as a mere third party is not in any way responsible for the content and/or material, also publicity material, distributed on such sites or external resources, including products and services offered on them. Such products and services can not be considered in any way to be sponsored, shared or supported by PB and consequently the User is solely responsible for any eventual purchases made of such products and services.

6. Limitations of responsibility

In view of the free provision of Services, PB declines any responsibility for eventual claims by the User concerning the impossibility of use of Services for whatever reason. PB will not be responsible for any eventual claim for damages, compensation or loss, direct or indirect, suffered by the User as a result of the non- or defective functioning of the electronic apparatus of the User or of third parties, including Internet Service Providers, telecom and/or computer connections not directly managed by PB or persons for which it is responsible. PB can not be held responsible for damages resulting from:
a) a failure to provide Services resulting from the wrong or lack of functioning of the electronic means of communication for reasons outwit the bounds of the company's control, including, for example, fire, natural disasters, energy blackout, non-availability of telephone lines or other suppliers of network services, malfunctioning of computers and other electronic appliances, also those that are not an integral part of the internet, malfunction of the programs installed on the computer by the User;
b) deriving from the actions of other users or other persons with access to the internet.

7. Authorized use and waiver

The User undertakes to use the Services exclusively for authorized purposes by current legislation, accepted practice, the rules of diligence and in any case without impinging or infringing the rights of any third party, whether a user or not of communication media, and paying particular attention to regulations governing the protection of data, the laws governing intellectual and industrial property rights, the protection of personal data, current legislation concerning computer crime and regulations concerning telecommunications. The User is wholly responsible for the content of messages and texts sent by him and recognizes that he is the sole responsible and that neither PB nor any person and/or company connected to it for claims for damages or other resulting from actions by third parties for damages caused by the User or persona authorized by the User to access the Services.

Any and all information and/or material supplied to PB by any visitor to this site is deemed to be non confidential. Therefore PB shall have no obligation of any kind with respect to such information or material, and reserves the right to use this information and/or material in any way it chooses.

Privatization Barometer - PB

c/o FEEM C.so Magenta, 63 – 20123 Milan, Italy
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