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This report tries to establish what would be a lost economic benefit in terms of gross domestic product (GDP) and jobs not generated if no action were undertaken at EU level to address the existing gaps relating to liability and protection of users of AI systems in road transport. For these two aspects alone, the cost of non-Europe ranges between €231 097 and €275 287 million. This might have been even higher, however, had the scope of the quantitative analysis been broader. Cost of non-Europe reports ...

E-commerce is an essential part of the economy and of consumers shopping habits. It can support EU citizens in accessing services more easily and businesses reaching customers more targeted. The E-commerce Directive has been an important column of digital services. Still, there is need for amending the current regulation. This EAVA accompanies two European Parliament's own-initiative legislative reports by JURI and IMCO asking the Commission for legislative actions to implement a digital services ...

The EU can become a global standard-setter in the area of artificial intelligence (AI) ethics. Common EU legislative action on ethical aspects of AI could boost the internal market and establish an important strategic advantage. While numerous public and private actors around the globe have produced ethical guidelines in this field, there is currently no comprehensive legal framework. The EU can profit from the absence of a competing global governance model and gain full 'first mover' advantages. ...

The findings of this European added value assessment (EAVA) suggest that the revision of the EU civil liability regime for artificial intelligence systems (AI) would likely generate substantial economic and social added value. The current preliminary analysis suggests that by 2030, EU action on liability could generate €54.8 billion in added value for the EU economy by stepping up the level of research and development in AI and in the range of €498.3 billion if other broader impacts, including reductions ...

Deforestation caused by agricultural activity is continuing at an alarming rate, threatening irreplaceable tropical forests that, among other things, are crucial for fighting climate change. The EU bears its share of responsibility for this environmental loss, as it is one of the major importers of several forest-risk commodities. To date, action has been taken at different levels to stop commodity-driven deforestation. Nevertheless, the impact on forest loss has been low as deforestation continues ...

This EPRS paper focuses on the economic benefits of common action at European level and the risk involved if the current coronavirus crisis and its aftermath were to stall or reverse the process of European integration. It attempts to quantify the losses from: (i) any gradual dismantling of the EU project - where cautious estimates suggest that erosion of the EU single market alone would cost the European economy between 3.0 and 8.7 per cent of its collective GDP (this would be existing 'European ...

The European Added Value Assessment (EAVA) estimates whether and to what extent adoption of EU minimum standards of civil procedure could generate European added value. The European added value is quantified as a percentage reduction of the total cost of civil procedure. The total cost of civil procedure is estimated based on data on the number of civil and commercial proceedings in the EU-28 and the cost of litigation in the Member States. Based on this analysis, the EAVA estimates that introducing ...

The EU legal services market is the second largest in the world. Commercial, business to business (B2B) litigation is one of the largest segments of the legal services market. The EU measures on choice of law, choice of forum and enforcement proved to be successful in supporting EU competitiveness. However, to enhance competitiveness of the EU litigation market and ensure further growth, a set of EU measures to simplify and expedite settlement of commercial disputes is needed. The EU measures should ...

The results of the public consultation clearly suggest - EU citizens want action. Citizens call for an action that wold turn their EU right to good administration into solution. The workable and enforceable solution that adds value. Europe needs innovation! Innovation not only in tools and technologies but also in how EU governs itself.

This assessment of European added value finds that revision of the EU's current legislative framework is necessary, notably as regards the regulation of civil liability and insurance. Quantitative assessment of added value, at the current stage of technological development, proved difficult and inconclusive. A qualitative analysis, however, provided evidence that action at EU level would (i) promote legal certainty; (ii) reduce the transaction costs for car manufacturers and public administrations ...