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  1. What Is
July 11, 2016updated 03 Feb 2017 4:32pm

What is DSM

The digital single market is the plan to create a single set of rules for digital commerce throughout Europe.

By Vinod

It was adopted in the EU on the 6 May 2015, includes 16 initiatives to be delivered by the end of 2016.

The DSM can create opportunities for new startups and allow existing companies in a market of over 500m people. Completing a

Digital Single Market could contribute €415 billion per year to Europe’s economy, create jobs and transform our public services. An inclusive DSM offers opportunities for citizens also, provided they are equipped with the right digital skills. Enhanced use of digital technologies can improve citizens’ access to information and culture, improve their job opportunities. It can promote modern open government.

It is built on three pillars. The Digital Single Market Strategy is built on three pillars: 1. Access: better access for consumers and businesses to digital goods and services across Europe; 2. Environment: creating the right conditions and a level playing field for digital networks and innovative services to flourish; 3. Economy & Society: maximising the growth potential of the digital economy.

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