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:
more news
12 May 25
Global trends in AI regulation
Our latest Global Trends benchmark compares policies and regulations on artificial intelligence (AI) across 14 jurisdictions around the world.
08 May 25
Patchwork approach to 2G/3G switch-off poses challenge for IoT providers
Our IoT regulatory intelligence service provides a clear and comprehensive benchmark tracking the switch-off status of 2G and 3G networks in 66 countries across the world.
07 May 25
[INFOGRAPHIC] EU AI Act cheat sheet: general-purpose AI models
This cheat sheet by Cullen International provides a summary of the core provisions on general-purpose AI (GPAI) models under the EU AI Act.