EC reveals plans for a Digital Single Market - DAC Beachcroft

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EC reveals plans for a Digital Single Market

Published On: 18 June 2015

This month the EC revealed its "Communication on a Digital Single Market Strategy for Europe"; a document setting out a number of proposed activities aimed at the development and advancement of new digital networks as well as the promotion of the digital economy within the EU.

The EC's document builds upon the argument that the digital market is no longer a self-contained sector but the foundation upon which the global economy thrives. Barriers to the development of a digital single market were considered and progressive actions aimed to tackle these barriers are proposed in the document, these include:

  • "Maximising the growth potential of our European Digital Economy – this requires investment in ICT infrastructures and technologies such as Cloud computing and Big Data, and research and innovation to boost industrial competiveness as well as better public services, inclusiveness and skills."
  • "Better access for consumers and businesses to online goods and services across Europe – this requires the rapid removal of key differences between the online and offline worlds to break down barriers to cross-border online activity."
  • "Creating the right conditions for digital networks and services to flourish – this requires high-speed, secure and trustworthy infrastructures and content services, supported by the right regulatory conditions for innovation, investment, fair competition and a level playing field."

Please click here to view the EC press release.

Please click here to view the EC's "Communication on a Digital Single Market Strategy for Europe" publication.

What action could be taken to manage risks that may arise from this development?

Part of the EC plan for digital development are proposals to reform and/or introduce laws and regulations which promote, for instance, straightforward cross-border contract rules and consumer protections. Companies should watch out for future developments to the regulatory framework further to the EC's publication.