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The impact of the 'Brussels Effect' (global corporations complying with EU rules thereby tightening up other markets' standards) is increasingly seen as waning, leaving room for what some call the Draghi Effect — the idea that EU digital regulations ultimately hinder the innovative efforts of European companies (Photo: Author)

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'Brussels effect' or 'Draghi effect'? The European battle to regulate US Big Tech

During the past legislative cycle, the EU enacted a wide range of laws affecting the digital world, including the Digital Markets Act (DMA), the Digital Services Act (DSA), the AI Act, the Data Governance Act,...

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The impact of the 'Brussels Effect' (global corporations complying with EU rules thereby tightening up other markets' standards) is increasingly seen as waning, leaving room for what some call the Draghi Effect — the idea that EU digital regulations ultimately hinder the innovative efforts of European companies (Photo: Author)

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Judith Arnal is a Spanish economist with the Real Instituto Elcano think-tank and the Centre for European Policy Studies.

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