Pilar del Castillo MEP on transatlantic data flows

4:47

The Brookings Institution report ‘The Importance of the Internet and Transatlantic Data Flows for U.S. and EU Trade and Investment’ (2014) shows that transatlantic data flows are mutually beneficial. It also shows that the U.S. and the EU are both globally competitive exporters of digitally-deliverable services; that the majority of the growth in transatlantic data flows will be generated by commercial and research needs (BMW, Dassault Systems and SAP are examples of this phenomenon); and, that the potential for continued growth is very strong as the Internet of Things increasingly becomes a reality, which positions Europe to take advantage of its surplus in goods trade with the United States.


 

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