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Global Tech Government Partner Insights

Towards a Truly Global Single Digital Market

Europe is in the midst of a messy negotiation on how to build a single digital market—putting all 28 members of the EU under one set of rules. The potential benefits are clear: consumers will gain access to new services, regulations can be made more consistent and growth enhanced by market norms. According to one study, such efficiencies could give the region an estimated $400 billion economic boost in the first year alone. But the ambitions of Brussels policymakers are too small. A single European digital market should be just the first step in the creation of an open global digital market that will allow companies and individuals everywhere to continue to exploit the Internet’s potential.   More