- Innovation increasingly relies on data
- New law outlines who can access data and under what conditions
- More private and public entities will be able to share data
The "Data Act", informally agreed upon on Tuesday between MEPs and Council, aims to stimulate innovation by eliminating barriers hindering access to data.
The Data Act establishes rules governing the sharing of data generated through the use of connected products or related services (e.g. the Internet of Things, industrial machinery) and allows users to access the data they generate. It will contribute to the development of new services, particularly in artificial intelligence, where vast amounts of data are required for algorithm training. It also aims to make after-sales services and repairs of connected devices cheaper. In exceptional circumstances or emergencies, such as floods and wildfires, public sector bodies can access and use data held by the private sector, the new law stipulates. (...)
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