EU cloud sovereignty rules could cost €115bn, tech group says
( October 13, 2026, 15:04 GMT | Official Statement) -- MLex Summary: The EU’s proposed Cloud and AI Development Act could impose €115 billion in costs over a decade, according to a study commissioned by the Computer & Communications Industry Association, or CCIA Europe. The study estimates that restrictions on non-EU providers would generate software redesign costs and private-sector spillovers omitted from European Commission calculations.Statement follows. ...
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