They also determine whether and under what conditions third parties are granted access. The EU (European Union) has already shown its teeth when it comes to regulating large platforms. This is also true of the new data protection rules and the ban on geoblocking. Some of these reforms have set international standards.
Having said that, I add, speaking in a personal capacity that new progress in the economic policies co-ordination among the Member States of the euro-area and more political cohesion among them inside and outside Europe would be welcome to consolidate monetary union and deepen European integration. 3. The prospect of enlargement is another reason to adapt the EU’s institutions and procedures.