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BRUSSELS, Belgium – The European Commission has unveiled its detailed plans to create a Digital Single Market. It’s laid down in “The Digital Single Market Strategy” which includes a set of targeted actions to be delivered by the end of next year.
The European Commission has unveiled its detailed plans to create a Digital Single Market. – Photo Wiggle
The Commission claims that the Internet and digital technologies are transforming our world and that Europe must embrace the digital revolution and open up digital opportunities for people and businesses.
“At present, barriers online mean citizens miss out on goods and services: only 15% shop online from another EU country; Internet companies and start-ups cannot take full advantage of growth opportunities online: only 7% of SMEs sell cross-border. Businesses and governments are not fully benefitting from digital tools.”
The aim of the Commission’s Digital Single Market Strategy is to tear down regulatory walls and finally move from 28 national markets to a single one. “A fully functional Digital Single Market could contribute € 415 billion per year to our economy and create hundreds of thousands of new jobs,” says the European Commission further.
The Digital Single Market Strategy which was adopted last week, includes a set of targeted actions to be delivered by the end of next year. It is built on three pillars: (1) better access for consumers and businesses to digital goods and services across Europe; (2) creating the right conditions and a level playing field for digital networks and innovative services to flourish; (3) maximizing the growth potential of the digital economy.
The most important actions proposed by the European Commission are highlighted here: