Europe’s Digital Wrong Turn
In May, the European Commission announced that it would create a unified digital market of 500 million consumers that would add €415 billion to the European Union’s GDP and create some 3.8 million jobs. Unfortunately, a recent decision on one key digital issue – data privacy – threatens to derail that effort.
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STOCKHOLM – When it comes to crafting good digital policy, Europe has failed its first big test. In May, the European Commission announced that it would create a unified digital market of 500 million consumers that would add €415 billion ($463 billion) to the European Union’s GDP and create some 3.8 million jobs. Unfortunately, a recent decision on one key digital issue – data privacy – threatens to derail that effort.