E.C. Publishes Framework for Online Commerce

Published Wednesday, May 06, 2015 - Online-Casinos.com
E.C. Publishes Framework for Online Commerce

The European Commission has been working on a strategy for a Digital Single Market (DSM) for some time and has finally with approval of the European Gaming and Betting Association published its platform. This is a good move for many who find the situation online gambling operators face in Europe’s electronic market place uneven and difficult to navigate.

A Digital Single Market in Europe need to be created in order to have a digital framework that works for everyone that has signed into the European Union rules which include free trade even when it comes to virtual commerce. The European Commission has reported that the digital revolution is good for the economy in Europe and it will, “bring immense opportunities for innovation, growth and jobs… but also raise challenging policy issues for public authorities which require coordinated EU action”.

Internet gambling has been a political and administrative nightmare for some operators that have found the playing field less than level where online betting is covered by several European Union consumer protection directives, but most of the applicable regulation is still domestic and biased. To be a licensed gambling operator in Europe there are as many sets of conditions to be met as there are jurisdictions.

Maarten Haijer, secretary general of European Gaming and Betting Association commented, “The EGBA fully supports the Commission’s political investment in the Digital Single Market. Haijer continued, “The EU online gambling sector is the most competitive in the world and will help create the innovation, growth and jobs that will result from taking away barriers in the Internal Market. EGBA is looking forward to the concrete legislative proposals that will follow today’s publication.”  There are 16 initiatives which contain everything from an overhaul of the region’s telecommunications rules to harmonised copyright and tax regimes to cyber security.  Jean-Claude Juncker, EC President, also commented, “I want to see pan-continental telecoms networks, digital services that cross borders and a wave of innovative European start ups.”

 

 

 

 

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