Showing posts with label European Commission. Show all posts
Showing posts with label European Commission. Show all posts

Thursday, April 22, 2021

Trustbusters: Taking Aim at the Tech Industry

©iStock/metamorworks
While nations and tech firms have jockeyed for primacy for years, the latest actions by China, the European Commission and the United States have pushed the industry to a tipping point that could reshape how the global internet works and change the flows of digital data.

University of Michigan law professor and antitrust expert Daniel Crane says "it is unprecedented to see this kind of parallel struggle globally."

Read more about how a global tipping point for reining in tech has arrived.

Monday, March 07, 2011

How Many SMEs in the EU?

Creatas/Thinkstock
According to the European Commission Enterprise and Industry, there are more than 23 million SMEs in the EU, representing 99% of all European businesses.

Fact No. 1
The 23 million SMEs in the EU represent 99% of businesses, and are a key driver for economic growth, innovation, employment and social integration. The European Commission aims to promote successful entrepreneurship and improve the business environment for SMEs, to allow them to realize their full potential in today's global economy.
Fact No. 2
What is even more intriguing is that nine out of ten SMEs are actually micro enterprises with less than 10 employees. Hence, the mainstays of Europe's economy are micro firms, each providing work for two persons, in average. This is probably one of the EU's best kept secrets!
Learn more here.