Ron Burgundy Posted March 26, 2015 Share Posted March 26, 2015 By Foo Yun Chee and Rene Wagner BERLIN (Reuters) - European Union regulators plan a year-long investigation into ecommerce to help remove barriers to cross-border trade in the 28-nation bloc, the EU's antitrust chief said on Thursday. European Competition Commissioner Margrethe Vestager said she decided to launch the inquiry because such hurdles were hampering the growth of online sales as well as signs that some companies may be deliberately blocking trade. According to the European Commission, while one in two EU consumers shopped online last year, just 15 percent of them bought a product online in another EU country. "It is high time to remove remaining barriers to ecommerce, which is a vital part of a true Digital Single Market in Europe," Vestager told reporters. View the full article Quote Link to comment Share on other sites More sharing options...
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