Executive Briefings

EU Scrutinizes Internet Giants to See if They Hinder E-commerce

European officials want to make it easier for companies to offer e-commerce across the continent, and are asking whether some firms are putting barriers in the way of that happening. Among the actions they announced is an antitrust inquiry to investigate "possible competition concerns" put in place by some Web companies.

EU Scrutinizes Internet Giants to See if They Hinder E-commerce

Without focusing on any specific companies, the e-commerce sector inquiry will look at any potential barriers that businesses may be erecting to cross-border trade of goods, services and digital content across the 28 European Union (EU) member states. The EU has taken a number of similar actions against several internet giants over the years, including a case brought against Microsoft in 2007 and an antitrust investigation against Google launched in 2010.

In addition to announcing the antitrust inquiry, EU officials also rolled out an ambitious, multi-pronged strategy for a "Digital Single Market" for Europe. The program sets 16 goals to be achieved by the end of 2016 aimed at making e-commerce, data sharing and standards more effective and easier to deliver across all EU borders.

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Without focusing on any specific companies, the e-commerce sector inquiry will look at any potential barriers that businesses may be erecting to cross-border trade of goods, services and digital content across the 28 European Union (EU) member states. The EU has taken a number of similar actions against several internet giants over the years, including a case brought against Microsoft in 2007 and an antitrust investigation against Google launched in 2010.

In addition to announcing the antitrust inquiry, EU officials also rolled out an ambitious, multi-pronged strategy for a "Digital Single Market" for Europe. The program sets 16 goals to be achieved by the end of 2016 aimed at making e-commerce, data sharing and standards more effective and easier to deliver across all EU borders.

Read Full Article

EU Scrutinizes Internet Giants to See if They Hinder E-commerce