What is DSM

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It was adopted in the EU on the 6 May 2015, includes 16 initiatives to be delivered by the end of 2016.

The DSM can create opportunities for new startups and allow existing companies in a market of over 500m people. Completing a

Digital Single Market could contribute €415 billion per year to Europe’s economy, create jobs and transform our public services.
An inclusive DSM offers opportunities for citizens also, provided they are equipped with the right digital skills. Enhanced use of digital technologies can improve citizens’ access to information and culture, improve their job opportunities. It can promote modern open government.

Technology Term:

Digital single market

Standard Definition Exists?

A planned sector of the European Single Market that covers digital marketing, E-commerce and telecommunication.

Accepted Acronym:

DSM

Year first used/coined:

2015

Attributed to:

Andrus Ansip and Günther Oettinger

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