The single market remains one of the EU's greatest achievements, but much work remains to be done. Indeed, the single market needs to better reflect the manner in which businesses and consumers now operate. Digital communications are deeply woven into the way we do business today: from the demand of Europe's citizens for greater connectivity, to the spread of online retail, to mobile banking.
Despite this, European communication markets remain highly fragmented because of the wide variation in European laws governing digital services. Remaining obstacles to the completion of a full Digital Single Market need to be removed to create a more consistent regulatory environment. This could spur further innovation, encourage investment, and create greater digital opportunities which could ultimately revitalise the European economy.
EIF dinner debate on the Digital Single Market was a great opportunity to discuss these issues with prominent guests and stakeholders.
Christian Verschueren, Director-General of EuroCommerce, presented the view of European retail, wholesale, and other trading companies.