According to the European Comission web site: “The European Data Act aims to maximise the value of data in the economy by ensuring that a wider range of stakeholders gain control over their data and that more data is available for innovative use, while preserving incentives to invest in data generation.
Concretely, the Data Act includes:
Measures that enable users of connected devices to access the data generated by these devices and by services related to these devices. Users will be able to share such data with third parties, boosting aftermarket services and innovation. Simultaneously, manufacturers remain incentivised to invest in high-quality data generation while their trade secrets remain protected.
Measures to provide protection from unfair contractual terms that are unilaterally imposed. These aim to safeguard EU companies from unjust agreements, fostering fair negotiations and enabling SMEs to participate more confidently in the digital marketplace.
Mechanisms for public sector bodies to access and use data held by the private sector in cases of public emergencies such as floods and wildfires, or when implementing a legal mandate where the required data is not readily available through other means.
Next Steps
Background
The Data Act complements the Data Governance Act of November 2020 by clarifying who can create value from data and under which conditions. It stems from the European strategy for data, announced in February 2020, which aims to position the EU as a frontrunner in the era of our data-driven society.
Collectively, these initiatives will establish a unified market allowing for data to flow freely within the European Union and across sectors. This will benefit consumers, businesses, researchers, public administrations, and society. It will fuel collaboration and innovation, empowering European industries and citizens through data-driven solutions.”
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Jurcom follows closely The European Data ACT advancements and consults clients with required steps. Contact us today for more information.
