The European Commission’s ambitious new Communication on Business Taxation for the 21st century outlines its strategy on tax policy and gives an overview of the initiatives to watch out for. It aims to achieve an efficient, fair, and sustainable tax framework and focuses on changes due to digitalization. How will EU policymakers shape tomorrow’s business environment? What are the stakes for the private sector? In this blog, we explore the future of business taxation and the major changes to expect.
In March, the European Commission presented its strategy for a digital transformation of Europe: the 2030 Digital Compass. Recognising that the pandemic has exposed the vulnerabilities of Europe’s digital space and its dependence on non-European technologies, the Compass defines some bold objectives to strengthen the European digital economy. However, there are many challenges to overcome.
This month, the UK’s Competition and Markets Authority (CMA) updated its ambitious Digital Markets Strategy. The 2019 strategy was originally meant to address the growth of digital markets and its effect on consumers and competition. The recent update reflects the work that the CMA has done since it first published the strategy - including its all-important recommendations for a pro-competition regime for digital markets - and comes as debates around digital competition continue to gather pace in the UK and beyond.
The European Commission will shortly unveil new rules on digital services as part of its agenda for shaping Europe’s digital future. In this blog we will explore what we expect to see in the Digital Services Act (DSA) and Digital Markets Act (DMA) and how they will impact the tech industry.
The European Commission’s recently adopted New Consumer Agenda frames its objectives for EU consumer policy up to 2025. In this blog we outline what it means for the tech and digital sectors, and what consumer policy initiatives we can expect.
The European Commission will launch several ambitious policy and legislative initiatives in December 2020, to deliver on its political priorities for this legislative term. In this briefing, we outline nine initiatives that will affect the tech sector.
Strengthening and deepening the Single Market is a key strategic priority for the 2019-24 European legislative cycle. Following the publication of the European Commission’s Single Market Enforcement Action Plan in March 2020, we look at the role and importance of the EU Single Market Transparency Directive in addressing market barriers, promoting the growth of the single market, and supporting a more harmonised regulatory environment for businesses.
As Europe begins the year in a state of relative stability with the EU Commission firmly in place as well as new governments in the UK and Spain, all eyes are on how policymakers will now respond to popular demand for changes to our liberal order. The tech sector could be in for a rough ride.
Once the political decision about Brexit is settled, the focus will move swiftly to the precise nature of the new relationship between the UK and the EU. The question of regulatory alignment or divergence will then take centre stage - with an uncertain outcome and potentially far-reaching implications for the tech sector.