To be sure, the European Commission promised to create a single digital market two years ago, estimating that it could boost the EU economy by €415 billion ($448.5 billion) annually. But Hosuk Lee-Makiyama and Philippe Legrain of the Open Political Economy Network recently delivered a scathing assessment of the results. Europe’s “single digital market,” they argue, currently amounts “to a jumble of outdated, corporatist, counterproductive industrial policies that favor producers over consumers, …
Continue readingOpen Up: How to fix the flaws in the EU’s Digital Single Market
The EU has launched a blizzard of digital initiatives recently – including a wide-ranging Digital Single Market (DSM) strategy, new data-privacy rules and several antitrust cases against US tech giants – with the latest announcement due on 11 January. But what if these EU initiatives don’t add up – or would actually make matters worse? In a ground-breaking new study for OPEN, Open Up: How to fix the flaws in the EU’s Digital …
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