The EU’s Member States have failed to agree on the introduction of a tax on revenues from digital services. But pressure from the European Commission, European Parliament and EU citizens indicate that this is not an issue that is going to disappear any time soon.
The EU is planning new rules to govern the relationship between online platforms and the businesses which use them to offer goods or services to consumers. These rules are aimed at online platforms and search engines which rank and present business users’ products to potential customers in search results, regardless of whether the commercial transaction ultimately takes place on the platform or not.
Buried in the detail of a proposed Regulation from the European Commission was the establishment of an Observatory of the online platform economy. It has now been established and has a broad remit but little power, so far. Is this the foundation of a new EU regulator for online platforms?
Distributed Ledger Technology (DLT), sometimes referred to as blockchain, is coming under increased scrutiny by policy makers in the EU institutions. We have produced a one page guide highlighting the key initiatives which companies using DLT should be following.
The world’s youngest leader, Austrian Chancellor Sebastian Kurz, will take the helm of the Council of the EU in July and the headlines will be dominated by his plans to toughen EU immigration policy. Behind the scenes Austria’s Digital Minister, Margarete Schramböck, will be pushing ahead towards agreement on the Commission’s package of proposals in the digital sector.