Enom 2015 Annual Report Download - page 11

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9
Regulation
We are subject to numerous laws and regulations in the U.S. and abroad, including laws and regulations relating
to freedom of expression; information security; data privacy and data collection; pricing and fees; online content and the
distribution of content; intellectual property rights, including secondary liability for infringement by others; product
liability claims; taxation, including sales and value-added taxes (“VAT”); and online advertising and marketing,
including email marketing and unsolicited commercial email.
In the United States, Congress has adopted legislation that regulates certain aspects of the Internet, including the
Communications Decency Act, the Digital Millenium Copyright Act, the Lanham Act, the Anticybersquatting Consumer
Protection Act and the CAN-SPAM Act. Advertising and promotional information presented to visitors on our online
properties and our other marketing activities are subject to federal and state consumer protection laws that regulate unfair
and deceptive practices. Because we operate large consumer-facing websites, we are also subject to state, federal and
foreign laws and regulations governing privacy of users’ search habits and other information and data protection of
consumers’ non-public personal information and preferences.
We must also comply with certain foreign and U.S. laws and regulations that apply to our international operations,
including restrictions imposed by the Foreign Corrupt Practices Act (“FCPA”) and the economic and trade sanctions
administered by the Office of Foreign Assets Control (“OFAC”) and the U.S. Commerce Department based on U.S.
foreign policy and national security goals against targeted foreign states, organizations and individuals. Additionally,
some of the products and services we provide to customers globally may require approval under applicable U.S. export
law.
Federal, state, local and foreign governments are also considering other legislative and regulatory proposals that
would regulate the Internet in more and different ways than exist today, including with respect to taxes. New laws and
regulations, or new interpretations of existing laws and regulations, may significantly impact our business. The costs of
compliance with the various laws and regulations applicable to us are high and may increase in the future and any failure
to comply with applicable laws and regulations may subject us to additional liabilities and penalties. See “Risk Factors”
in Part I, Item 1A of this Annual Report on Form 10-K for additional information.
Employees
As of December 31, 2015, we had approximately 350 employees. None of our employees is represented by a
labor union or is subject to a collective bargaining agreement. We believe that relations with our employees are good.
Seasonality
Our Content & Media service offering is affected by seasonal fluctuations in internet usage and our Marketplaces
service offering is affected by traditional retail seasonality as well as seasonal fluctuations in internet usage. Internet
usage generally slows during the summer months while our marketplaces generally experience increased sales activity
during the fourth quarter holiday season. These seasonal trends have caused, and will likely continue to cause,
fluctuations in our quarterly results.
Available Information
We file reports with the SEC, including annual reports on Form 10-K, quarterly reports on Form 10-Q, current
reports on Form 8-K and any other filings required by the SEC. Our annual reports on Form 10-K, quarterly reports on
Form 10-Q, current reports on Form 8-K, and all amendments to those reports are made available free of charge in the
investor relations section of our corporate website (http://ir.demandmedia.com) as soon as reasonably practicable after
such material is electronically filed with or furnished to the SEC. The public may also read and copy any materials we
file with the SEC at the SEC's Public Reference Room at 100 F Street, NE, Washington, DC 20549. The public may
obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC
maintains an Internet site (http://www.sec.gov) that contains reports, proxy and information statements, and other
information regarding issuers that file electronically with the SEC.