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Impact of the Directive: "Opportunity and perspectives for business ". Impact of the Directive: "Opportunity and perspectives for business". THE BACKGROUND A continuous debate over the past 20 years which have involved various types of businesses as well as different associations
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Impact of the Directive: "Opportunity and perspectives for business"
Impact of the Directive: "Opportunity and perspectives for business" THE BACKGROUND • A continuous debate over the past 20 years which have involved various types of businesses as well as different associations • Though allergic to any sort of regulation they have demanded the setting up of a directive • Only a European directive could solve the issue they are currently facing, which hampers their business
Impact of the Directive: "Opportunity and perspectives for business" UNCERTAINTY! WHAT ARE THESE ISSUES: • Uncertainty in terms of legal framework • Uncertainty in terms of access • Uncertainty in terms of unfair competition and transparency • Uncertainty in terms of prices
Impact of the Directive: "Opportunity and perspectives for business" WHAT IS THE IMPACT OF THIS DIRECTIVE? • The beginning of a dialogue between the private sector and public bodies with a better understanding of the issues that both parties have to face • A broad set of consultation throughout Member States • New legislation in line with the European Commission recommendations • The “bad” habits tend to disappear: • More transparency • Conflicts resolution
Impact of the Directive: "Opportunity and perspectives for business" CONCLUSION: • The building up of a “Trusted network” between the private and public sectors • with enhanced business • Opportunities in new fields and • Improvement of cross border business • Some figures • Content Industry = 433 billion euro (5% European GDP) • 12% to 25% of data in e-Commerce sourced from PSI • Administrative data transformed into economic data
Impact of the Directive: "Opportunity and perspectives for business" The directive combined with the tremendous evolution of technologies will give the businesses the grounds to maximize opportunities and initiatives.