TIA Strategic Briefing: The EU Targets US Tech
TIA Strategic Briefing: The EU Targets US Tech
With EU courts revoking Safe Harbor, initiating antitrust cases and leveling fines—US tech firms seek clarity and a way forward
Date: Wednesday, November 11, 2015
Time: 3:30 pm - 5:00 pm PT; Reception at 5:00 pm PT
Location: Juniper Networks Executive Briefing Center, 1133 Innovation Way, Sunnyvale, CA 94089
Let’s Set the Table:
The European market is vital to US tech/telecom companies. Here are the numbers according TIA’s Market Review & Forecast:
- Europe spends approx. $440 Billion annually on telecom equipment
- There are over 1.1 Billion wireless subscribers in Europe
- Consumer wireless spending in Europe is over $290 Billion annually
Recent Action by EU courts:
- The EU has revoked Safe Harbor, meaning European states can disrupt cross-border data flow—EU states can insist all data (all status updates, transactions, tweets, videos, etc.) be stored in the country it was produced.
- The EU has brought antitrust charges against Google, and now Google could face fines as high $66 Billion.
- The EU has launched investigation against Amazon, Apple, Facebook and others.
What’s at Stake:
- Market Access—and Market Denial—for US content providers, platform operators and their suppliers.
- US tech companies will face billions in noncompliance fines, settlements and lost revenue.
- Lack of clarity for business planning, resource commitments and revenue projections.
Join TIA for a Strategic Briefing:
Join TIA as James Reid, Senior Vice President of Government Affairs, for an hour-long strategic briefing on the state of, and threat to, US tech by the EU courts. Q&A to follow briefing.
Who Should Attend:
- Corporate Counsel
- Chief Information Officers
- Strategic Planners, Networks and Data Centers
- Site Development Teams, Data Centers
- Vice Presidents and Directors of Policy
This meeting is closed to media. Members of the media with questions may contact April Ward at award@tiaonline.org or 703.907.7704