EU announces plans for unified digital market, opens inquiry to seek out competition concerns

May 6, 2015 10:05 AM

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EU announces plans for unified digital market, opens inquiry to seek out competition concerns

BRUSSELS (AP) — The European Union has unveiled a strategy to unify the continent's digital sector and help its technology companies compete with the dominant U.S. firms. It will also open an antitrust inquiry into the e-commerce sector.

EU Commissioner Andrus Ansip said Wednesday that the EU is still far too fragmented into 28 national markets and needs more common rules to be competitive inside Europe and around the globe. Ansip said that new plans to unite the digital economy should help create jobs and growth.

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