Fixing Europe's digital #competitiveness: "Any industry complains about new EU rules, but this report reveals that the #RegulatoryBurden on Europe’s #tech sector has become truly excessive and self-defeating, hurting the economy."

👉 https://ccianet.org/news/2024/05/eu-digital-competitiveness-suffers-from-regulatory-burden-and-lack-of-capital-research-finds/

#EUdigitalinnovation

"We need to 🔄 reverse the #BrusselsEffect," says Daniel Friedlaender.

"Instead of the EU exporting more #tech regulation and treating #regulation as a superpower, let's actually treat #digital innovators as Europe's superpower. Encourage them with #trade deals and funding."

#CCIAeurope #EUdigitalinnovation #digitalEU #EUdigital #EP2024 #SOU2024

Learn more ⬇️ https://ccianet.org/news/2024/05/eu-digital-competitiveness-suffers-from-regulatory-burden-and-lack-of-capital-research-finds/

New report: "The EU actually produces more tech #StartUps than the United States per year, but these 🇪🇺 #tech firms subsequently fail to scale up due to a lack of #capital."

➡️ https://ccianet.org/news/2024/05/eu-digital-competitiveness-suffers-from-regulatory-burden-and-lack-of-capital-research-finds/

#EUdigitalinnovation #digitalEU #EUdigital #EP2024

"The #RegulatoryBurden on #tech is undeniably too high," argues CCIA Europe's Daniel Friedlaender.

📖 "The EU has adopted over 50 laws in the past years applying to the #digital and #technology sectors. But the impact is being felt across Europe's entire economy."

Discover the latest research on EU digital #competitiveness 👉 https://ccianet.org/news/2024/05/eu-digital-competitiveness-suffers-from-regulatory-burden-and-lack-of-capital-research-finds/

#EUdigitalinnovation #digitalEU #EUdigital #EP2024 #SOU2024