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Retailers and wholesalers need competitive, secure data spaces to drive digital growth

EuroCommerce Director-General Christian Verschueren spoke today on the publication of the Commission draft Data Governance Act, which promotes data sharing and a common European Data space:

“All sectors and ecosystems rely heavily on data, and the ability to share it safely. Our sector has acted to embrace the opportunities of the data economy to meet ever-changing consumer demands and to help us grow our businesses. The COVID crisis has accelerated the already rapid digitalisation of retail and wholesale.”

The European data economy is set to be worth more than €1,000 billion in 5 years’ time and will be a major driver of the economic growth and global competitiveness Europe needs in the coming years to overcome the crisis.

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"The Narratives"

EuroCommerce Narrative on Retail and Wholesale in a changing world…

The world is changing rapidly. Retailers and wholesalers have repeatedly shown how resilient and adaptive they are, and are moving ahead with embracing this change, providing value to customers, suppliers, and society at large. This great story is worth telling – both to the sector and to the wider world. And the story needs to say clearly what we want from the EU and from national governments to make our sector sustainably competitive.

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"The Narratives"