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Digital Single Market
On 6 May 2015, the European Commission, led at the time by Jean-Claude Juncker, communicated the Digital Single Market strategy which intends to remove virtual borders, boost digital connectivity, and make it easier for consumers to access cross-border online content. The Digital Single Market, which is one of the European Commission's 10 political priorities, aims to fit the EU's single market for the digital age – moving from 28 national digital markets to a single one and then to open up digital services to all citizens and strengthen business competitiveness in the digital economy. In other words, the Digital Single Market is a market characterized by ensuring the free movement of people, services and capital and allowing individuals and businesses to seamlessly access and engage in online activities irrespective of their nationality or place of residence. Fair competition conditions and a high level of protection of personal and consumer data are applied. Building a da ...
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E-SENS Architecture
Kang Min-ho (; born 9 February 1987), better known by the stage name E Sens (), is a South Korean rapper. He debuted in 2009 as a member of the Hip hop music, hip hop duo Supreme Team (band), Supreme Team, which disbanded in 2013. In 2015, he released his first solo album, ''The Anecdote'', which won Album of the Year at the 2016 Korean Music Awards. He released his second album, ''The Stranger'', in 2019. Early life E Sens was born on 9 February 1987 in Daegu, South Korea. He was 9 years old when his father died, and he dropped out of high school when he was 17. He became interested in hip hop at that time and chose the name E Sens, which is a shortened version of "Essayistic Sense." Career 2002–07: Underground beginnings In 2002, E Sens won a rap contest in Daegu, where he caught the attention of Minos (rapper), Minos, then a member of the hip hop team Virus. E Sens soon starting performing alongside Virus and other rappers in Daegu in a regular series of concerts called t ...
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Digital Services Act
The Digital Services ActRegulation (EU) 2022/2065 DSA) is a Regulation in EU law to update the Electronic Commerce Directive 2000 regarding illegal content, transparent advertising, and disinformation. It was submitted along with the Digital Markets Act (DMA) by the European Commission to the European Parliament and the Council on 15 December 2020. The DSA was prepared by the Executive Vice President of the European Commission for A Europe Fit for the Digital Age Margrethe Vestager and by the European Commissioner for Internal Market Thierry Breton, as members of the Von der Leyen Commission. On 22 April 2022, European policymakers reached an agreement on the Digital Services Act. The European Parliament approved the DSA along with the Digital Markets Act on 5 July 2022. On 4 October 2022, the European Council gave its final approval to the Regulation on a Digital Services Act. It was published in the Official Journal of the European Union on the 19th of October. Affected servi ...
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European Union Technology Policy
European, or Europeans, or Europeneans, may refer to: In general * ''European'', an adjective referring to something of, from, or related to Europe ** Ethnic groups in Europe ** Demographics of Europe ** European cuisine, the cuisines of Europe and other Western countries * ''European'', an adjective referring to something of, from, or related to the European Union ** Citizenship of the European Union ** Demographics of the European Union In publishing * ''The European'' (1953 magazine), a far-right cultural and political magazine published 1953–1959 * ''The European'' (newspaper), a British weekly newspaper published 1990–1998 * ''The European'' (2009 magazine), a German magazine first published in September 2009 *''The European Magazine'', a magazine published in London 1782–1826 *''The New European'', a British weekly pop-up newspaper first published in July 2016 Other uses * * Europeans (band), a British post-punk group, from Bristol See also * * * Europe (disam ...
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Economy Of The European Union
The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power parity (PPP) terms, after China and the United States. The European Union's GDP estimated to be around $16.6 trillion (nominal) in 2022 representing around one sixth of the global economy. The euro is the second largest reserve currency and the second most traded currency in the world after the United States dollar. The euro is used by 19 of its members, overall, it is the official currency in 25 countries, in the eurozone and in six other European countries, officially or de facto. The European Union economy consists of an internal market of mixed economies based on free market and advanced social models. For instance, it includes an internal single market with free movement of goods, services, capital, and labor. The GDP per capita ...
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EIDAS
eIDAS (electronic IDentification, Authentication and trust Services) is an EU regulation on electronic identification and trust services for electronic transactions in the European Single Market. It was established in EU Regulation 910/2014 of 23 July 2014 on electronic identification and repeals 1999/93/EC from 13 December 1999. It entered into force on 17 September 2014 and applies from 1 July 2016 except for certain articles, which are listed in its Article 52. All organizations delivering public digital services in an EU member state must recognize electronic identification from all EU member states from September 29, 2018. Description eIDAS oversees electronic identification and trust services for electronic transactions in the European Union's internal market. It regulates electronic signatures, electronic transactions, involved bodies, and their embedding processes to provide a safe way for users to conduct business online like electronic funds transfer or trans ...
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GAFAM
Big Tech, also known as the Tech Giants, refers to the most dominant companies in the information technology industry, mostly located in the United States. The term also refers to the four or five largest American tech companies, called the Big Four or Big Five, which consists of Alphabet (Google), Amazon, Apple, and Meta (Facebook), with Microsoft completing the Big Five. The tech giants are dominant players in their respective areas of technology: artificial intelligence, e-commerce, online advertising, consumer electronics, cloud computing, computer software, media streaming, smart home, self-driving cars, and social networking. They are among the most valuable public companies, having had a maximum market capitalization from around 1 to above 3 trillion U.S. dollars. In December 2021 and November 2022 respectively, Meta and Amazon fell below their trillion dollar market caps. They are also considered among the most prestigious employers in the world, especially Alphabet. ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to ac ...
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Digital Markets Act
Regulation (EU) 2022/1925, commonly referred to as the Digital Markets Act (DMA), is an EU regulation that aims to make the digital economy fairer and more contestable. The regulation proposed by the European Commission in December 2020 was signed into law by the European Parliament and the Council of the EU in September 2022. It entered into force on 1 November 2022 and will become applicable, for the most part, on 2 May 2023. After this, the gatekeepers will be identified and they will have to comply by 6 March 2024 at the latest. The DMA intends to ensure a higher degree of competition in the European Digital Markets, by preventing large companies from abusing their market power and by allowing new players to enter the market. Once implemented, it will establish a list of obligations for designated Gatekeepers and in case of non-compliance, there will be enforced sanctions mechanisms, including fines of up to 10% of the worldwide turnover. This regulation targets the larges ...
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Two-sided Market
A two-sided market, also called a two-sided network, is an intermediary economic platform having two distinct user groups that provide each other with network benefits. The organization that creates value primarily by enabling direct interactions between two (or more) distinct types of affiliated customers is called a multi-sided platform. This concept of two-sided markets has been mainly theorised by the French economists Jean Tirole and Jean-Charles Rochet and Americans Geoffrey G Parker and Marshall Van Alstyne. Two-sided networks can be found in many industries, sharing the space with traditional product and service offerings. Example markets include credit cards (composed of cardholders and merchants); health maintenance organizations (patients and doctors); operating systems (end-users and developers); yellow pages (advertisers and consumers); video-game consoles (gamers and game developers); recruitment sites (job seekers and recruiters); search engines (advertisers and us ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are t ...
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European Fund For Strategic Investments
The InvestEU Programme, until 2021 known as the European Fund for Strategic Investments (EFSI), also called the Juncker Plan, is an initiative of EIB Group and the European Commission aimed at boosting the economy through mobilising private financing for strategic investments. EFSI was established in 2015 through an EU Regulation 2015/1017 of the European Parliament The European Parliament (EP) is one of the Legislature, legislative bodies of the European Union and one of its seven Institutions of the European Union, institutions. Together with the Council of the European Union (known as the Council and in ... and of the Council of 25 June 2015 on the European Fund for Strategic Investments, the European Investment Advisory Hub and the European Investment Project Portal and amending Regulations (EU) No 1291/2013 and (EU) No 1316/2013 — the European Fund for Strategic Investments. EFSI is one of the three pillars of the Investment Plan for Europe. EFSI is a EUR 16 billion guara ...
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