EU cloud sovereignty law could cost Europe €115bn, US tech lobby study says

The EU’s proposed cloud sovereignty law, the Cloud and AI Development Act (CADA), could cost Europe €115bn over ten years. That is the central estimate in a study by the Brussels think tank ECIPE. CCIA Europe, a lobby group whose members include Amazon, Google and Meta, paid for it. Matthias Bauer, the author, calls the […] This story continues at The Next Web

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