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The internet and digital technologies are transforming our world. Barriers online can deny people the full benefits that digital developments can offer.
Making the EU’s single market fit for the digital age requires tearing down unnecessary regulatory barriers and moving from individual national markets to one single EU-wide rulebook.
These steps could contribute €415 billion per year to economic growth, boosting jobs, competition, investment and innovation in the EU.
2020 will present a number of new Digital Markets, Europe and China are among the largest.
The European Union is creating a common single market, aiming to make it more accessible and easy for buyers and sellers to trade cross-border.
Here are some notes from the EU Council highlighting the main objectives and what it means for every European
The EU digital single market aims to reduce barriers and offer more opportunities to do business across EU borders in a legal, safe, secure and affordable way.
Only 7% of small and medium-sized businesses in the EU sell cross-border. This can change by putting the single market online.
The aim of the Juncker Commission is to create a digital single market where the free movement of goods, persons, services, capital and data is guaranteed — and where citizens and businesses can seamlessly and fairly access online goods and services, whatever their nationality, and wherever they live.
The digital single market can create opportunities for new start-ups and allow companies to grow and innovate in a market of around 500 million people.
A completed digital single market can help Europe hold its position as a world leader in the digital economy.
- Boosting e-commerce in the EU by tackling geoblocking, making cross-border parcel delivery more affordable and efficient
- Modernising the EU copyright rules to fit the digital age
- Updating EU audiovisual rules and and creating a level playing field for comparable digital sources, tackling illegal online content and protecting the most vulnerable users
- Stepping up Europe’s response to cyber-attacks by strengthening ENISA, the EU cybersecurity agency, and creating an effective EU cyber deterrence and criminal law response to better protect Europe’s citizens, businesses and public institutions
- Unlocking the potential of a European data economy with clear rules for the free flow of non-personal data in the EU
- Ensuring everyone in the EU has the best possible internet connection through “connectivity for a European gigabit society“
- Adapting ePrivacy rules to the new digital environment
- Helping large and small companies, researchers, citizens and public authorities make the most of new technologies by ensuring that everyone has the necessary digital skills, and by funding EU research in health and high performance computing