19 jun 2018
Trade

THE EUROPEAN COMMISSION CONSIDERS IT A PRIORITY TO REFORM TRADE REGULATION AND REDUCE RESTRICTIONS

Javier Millán-Astray, director general de ANGED: "We are going through a true revolution in the way trade is conducted"

The European Commissioner for the Internal Market, Industry, Entrepreneurship and SMEs, Elżbieta Bieńkowska, today called on Member States to review their trade regulations, eliminate unnecessary barriers and develop a regulatory environment to help companies compete and innovate amidst the digital transformation underway, reported the National Association of Large Distribution Companies (ANGED).

Trade regulation
Trade — ©Dreamstime

At the opening of the High Level Conference on “A European retail sector suitable for the 21st century”, Bieńkowska stated that trade "is a priority for the European Commission", which recently presented a study that identified the main regulatory barriers faced by the sector amidst the digital transformation currently taking place.

In the same study, in which Spain is ranked as the second most restrictive country in commercial matters within the entire EU, the Commission lists the main barriers to getting established and becoming operational (business hours, taxes, opening licenses, etc.) that affect the retail sector and the distortions they generate in terms of market unity and competition. In this regard, Commissioner Bieńkowska said that "it’s time to take action" and implement reforms aimed at achieving "significant benefits for consumers and businesses in the EU's single market".