International audienceWhen commercial activities, such as mining, are carried out in the Area, a framework of commercial law is as helpful on sea as on land. For example , workers should be protected against unfair contract terms, and entrepreneurs should be able to mortgage their equipment to ease financing. However, there is no State to provide this legal framework by general legislation. Could it be established in other ways ? The International Seabed Authority (ISA) possesses considerable power in granting licenses with conditions and revoking them if necessary. However, not all kinds of rules can be implemented in this way. For example , conditions for licenses cannot be used to alter the position of third parties to their detriment. A...