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03 February 2014

How can we build a flexible single digital market in the EU?

Over the next five years the EU should address mobility and data security as well as fair competition in order to expand digital growth across the union, according to a report setting out the UK government’s vision for the EU’s digital economy. The report stressed the need for access to digital services, the promotion of innovative small businesses through fair competition, and the importance of data transparency and analytics in the drive towards a common EU digital economy. Vince Cable, the business secretary, gave the report an extra push by addressing the Lisbon Council think-tank on a single digital market. “Digital is central to growth in the European Union,” he said. Meanwhile, the prime minister, David Cameron, stressed how current legislation, regulation and lack of cross-country collaboration had left EU countries with little opportunity to grow digital businesses capable of expanding into the global marketplace. “As the digital economy expands there are more and more opportunities for companies across Europe to grow, ...

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