EU digital trade is accelerating
The European Commission has confirmed that the discussions with the United States have reached an agreement on the removal of selected barriers to digital trade. Among another things, it is about reducing certain charges related to access to digital networks and services.
From an e-commerce point of view, this is an crucial change. For years, EU digital trade has faced cost and regulatory barriers that have hampered the scaling of sales on abroad markets. The simplification of any of these may translate into lower operating costs, peculiarly in the area of digital services and infrastructure.
In practice, this means greater availability of technological tools and easier integration of sales, payment and marketing systems between markets. For companies operating in the cross-border model it may be an impulse to grow or optimize current sales channels.
Regulatory dialog without US influence on EU law
In parallel, discussions on a broader agreement are ongoing. – We have always been open to dialog with the US on digitalisation. And we've always said from this grandstand that we're willing to explain our disagreements with the United States. What form of action will take, whether it is dialog or not, is inactive the subject of our interior discussion and with the US, but we definitely want to work with the United States on digital issues in a broader sense. said Thomas Regnier, European Commission spokesperson.
However, the key information for the marketplace is different. The European Union clearly indicates that the United States will not influence the form or enforcement of EU digital regulation. – The EU and the associate States will hold the full right to establish digital rules and the full autonomy and exclusive competence to deal with them. It's not a negotiation. said Regnier.
This means that government specified as Digital Services Act is Digital Markets Act stay the foundation of the marketplace and will not be the subject of political negotiations. In practice, companies must proceed to comply with EU requirements, regardless of their dialog with the US.
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FAQ. EU Digital Trade USA
- Does removing barriers mean easier sales to the US?
Yes, to a limited extent. Changes mainly concern digital services and infrastructure, which can facilitate technological operations and reduce any costs. - Will the EU change its laws under the influence of the US?
Nope. The European Commission makes it clear that digital regulation remains full autonomous and is not negotiated. - Is this a good time for cross-border expansion?
For many companies, yes. Simplification of digital trade can reduce entry barriers, but it is inactive crucial to adapt to local EU rules. - What areas of e-commerce can benefit most?
Companies utilizing advanced technology tools, strategy integration and multichannel sales can benefit most. - Does change cover all industries?
The changes mainly concern the digital sector and technology services, but their effects will indirectly affect all segments of e-commerce.
