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The European Commission recently launched its Digital Single Market, as well as an inquiry into potential competition concerns in e-commerce markets.
Richard Eccles, a partner at Bird & Bird LLP, examines these dual developments:
The European Commission published its Communication on a Digital Single Market Strategy for Europe on 6 May 2015. This document contains proposals for a wide range of initiatives, many of them legislative, to remove barriers to online trading in the EU.
The aim of the Digital Single Market is to remove regulatory barriers to trade between the 28 national markets within the EU. The Commission estimates that a fully functional Digital Single Market would contribute €415bn per annum to the EU economy.
The Digital Single Market Strategy is built on three pillars:
Within the first pillar, improving access for consumers and businesses to digital goods and services, the Commission's proposals include the following:
Under the second pillar, creating the right conditions for digital networks and services to flourish, the Commission’s proposals
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