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,…
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- 2026-10-17 17:00 · The Next Web
EU cloud sovereignty law could cost Europe €115bn, US tech lobby study says