The fate of the “mobility package” is, however, far from sealed – the final decision on it will be taken not by the current, but the next composition of the European parliament, which may turn out to be more welcoming towards competition.
Last week’s events give some hope that the deep crisis which has gripped Venezuela’s economy in the past few years could end, or at least that the country may head towards economic recovery soon. It is, however, worthwhile to again review the dimensions and the causes of the crisis.
Like many other recent EU initiatives, the “Link Tax” targets online giants such as Google, Facebook, and Twitter in an attempt to share some of their colossal earnings with those they depend on. The good intentions will most likely lead to further encapsulation of the market, increasing barriers to entry.