EU Makes Progress in Regulating User Data, Limiting Big Tech Control

The European Parliament and the Council of the EU have reached a provisional agreement on a new Data Act, aiming to regulate the usage and accessibility of consumer and corporate data within the European Union. EU industry chief Thierry Breton expressed his support for the agreement, describing it as a significant milestone in reshaping the digital landscape and fostering an innovative and open EU data economy.

The primary objective of the legislation, as outlined by the European Commission in a press release, is to grant EU end users greater control over the data generated through the use of connected devices. This includes the right to access data generated by smart objects, machines, and devices and the option to share it with external parties if desired.

The preliminary agreement encompasses several key provisions. It allows for increased data portability between different cloud providers, promotes the development of interoperability standards, and grants public sector entities the authority to access and utilize data in emergency situations. Additionally, safeguards have been incorporated to prevent unauthorized data transfers.

Concerns have been raised regarding the potential disclosure of trade secrets due to the Data Act’s provisions on data sharing. Consequently, the legislation has been amended to enable companies to reject data sharing requests if they anticipate

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.