The much-anticipated Draghi report of 9 September 2024 calls for Europe to innovate more to bridge the competitiveness gap with the US and China – and be prepared to invest €750–€800bn per year, i.e. 4–5% of GDP. Otherwise, Europe awaits “slow agony”.
The report decries the current national, rather than pan-EU, approach to regulating the telecoms and digital sectors. This has led to a “costly proliferation” of regulatory obligations for EU operators, which is reflected in the number of regulators.
According to research by Cullen International included in the Draghi report, today more than 270 agencies oversee digital networks across EU member states:
See Cullen International’s full report for a comprehensive analysis of Mr Draghi’s far-reaching proposals on telecoms, digital and competition policy.
Clients of our Competition, Digital Economy, Media and Telecoms service can directly access our Flash report here:
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23 February 26
The DNA explained: universal service to serve the same goals under a revised approach
Cullen International is issuing a series of analyses on different aspects of the Digital Networks Act (DNA) proposal. This report covers universal service.
20 February 26
Revised Cybersecurity Act (CSA2) - Changes to the EU cybersecurity certification framework
Cullen International published an analysis of the proposed changes to the EU cybersecurity certification framework under the draft Cybersecurity Act 2 (CSA2) delivered by the European Commission on 20 January 2026.
19 February 26
Upper 6 GHz band: EU member states wait for EU-level decisions
Cullen International has been monitoring regulation of the upper 6 GHz band at the European level and now also benchmarks regulation at the national level in Europe.