How the tech industry is reacting to Brexit
On May 15, a day after Britain’s vote to leave the European Union, the European Commission announced that it would take control of the bloc’s internal market and would take “all necessary steps” to ensure the rights of European citizens were protected.
The announcement came just a week after the Commission also announced it would open the door to the U.K. to use the euro as a currency.
At the time, some feared that the move would allow Britain to move the bloc out of the single currency altogether, and many European businesses and companies are concerned about what the new rule would mean for their operations.
In a statement, the Commission said that it had agreed to the request from the U