The history of the Single Market is remarkable: after crippling stagflation in the early 1980s, the Single European Act in 1987 and then the Maastricht Treaty gave the EU’s economic integration a new impetus. Since then, the Single Market has harmonized hundreds of pieces of product legislation and has set minimum standards in consumer protection for all European citizens. Over the last 15 years, the Single Market has been a key tool in making the EU a global leader in digital regulation.