The European Commission has issued new requirements that ensure independence of payment card schemes and processing entities, to enhance competition in the card payment market. Retailers will be able to choose the most suitable processor for their card transactions, to the benefit of consumers.
Almost 7 out of 10 internet users in the EU shopped online in the 12 months prior to the 2017 survey. The proportion of e-shoppers varied considerably across the EU Member States, ranging from 23 % of internet users in Romania, 27 % in Bulgaria and 39 % in Cyprus, to 86 % in the United Kingdom, 84 % in Sweden and 82 % each in Denmark, Germany, Luxembourg and the Netherlands.
In September 2017, the European Commission announced a renewed EU industrial policy that aims at empowering European industries to deliver sustainable growth and jobs. Despite the renewed momentum for industrial policy, many questions remain about the specifics of the proposed policy, the role of strategic value chains and the implementation of industrial policy on a national level. Our event will bring policymakers, key industry sectors and experts together to address these issues ahead of the new EU political cycle.
European consumers will be able to reap the full benefits of paying online for goods and services, thanks to new rules that will it make it cheaper, easier and safer to make electronic payments.
Currently, EU company law is partially codified in Directive (EU) 2017/1132 relating to certain aspects of company law. Harmonisation of EU company law is a prerequisite for deploying a fully-fledged digital single market enabling all operators, in particular SMEs, to draw on the potential of the digital economy and to eliminate unnecessary barriers, while safeguarding their rights and providing legal and cyber security. Despite the recent codification and recently amended other pieces of EU company law, problems linked with legal certainty, administrative burden, unnecessary costs for companies resulting in lack of transparency or ineffective protection of companies, still remain. These points were noted and underscored several times by the European Parliament. The European Commission is expected to publish a legislative proposal on an EU company law package on 16 January 2018, potentially addressing digitalisation, cross-border mergers, divisions and conversions, as well as rules on conflict of laws related to company law.
The EESC urges the EU and its Member States to adopt a European-level cybersecurity model, to strengthen the mandate of the European cybersecurity agency and, lastly, to establish an effective European certification scheme for online services and products.