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Nick Clegg says lack of EU digital single market has hindered development of European te... - Business Insider

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Facebook's policy chief said Europe is too fragmented to produce a Facebook or Google to rival the US and China

Facebook's global policy chief Nick Clegg spoke to EU lawmakers on Wednesday.

Clegg said the reason there hasn't been a European tech success to rival Facebook or Google is because the EU has failed to create a "digital single market."Visit Business Insider's homepage for more storiesEurope has itself to blame for not producing a Facebook or a Google, according to Facebook's global policy chief Nick Clegg.

"The digital single market doesn't really exist in reality," Clegg said. "If you're a small tech startup in Lisbon you still have to navigate endless intellectual property laws, and the various rules for the licensing of content, and the obstacle of the delivery of goods bought online, and so on." "My own slight concern is that whilst policymakers in Europe quite understandably talk about digital sovereignty and new regulation — much of which I'm sure is well-founded and well placed — in the end, the single biggest ingredient which would help Europe to compete against China and America is finishing an old project, not starting a new one. And that is creating this unfinished digital single market," said Clegg.

 

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Just kick them out if they don't want to follow the laws.

Even if that's true, it's a good thing not a bad thing. Facebook as it exists now is a bane not a boon. DeleteFacebook

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