Open markets have long been known to stimulate economic growth, as the free movement of people, goods and services across borders drives innovation and commercial dynamism. These benefits are even more pronounced in the digital domain. Enabling seamless crossborder digital commerce can help companies to build at scale, and benefits consumers by widening their choices. Europe has a strong technology and digital sector, made evident by its many disrupter brands, from Skype to BlaBlaCar, and a digitally savvy population. But by opening up the bloc into a single digital market, and by increasing internet access in its less developed economies, could the sector go further? How can Europe’s digital economy reach the same level of openness as the traditional one?
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Source: The Economist