Data Act: EU institutions finalise agreement on industrial data law

EU policymakers reached a political agreement on the Data Act in the late hours of Tuesday (27 June).

The Data Act is a landmark legislation meant to remove barriers to the circulation of non-personal data by regulating the rights and obligations of all economic actors involved in producing and consuming Internet of Things products – connected devices capable of collecting and sharing data.

With Tuesday’s agreement, the EU Council, Parliament and Commission bridged their differences on the most important aspects of the data law that is now set for formal adoptions as the text is fine-tuned at the technical level in the coming days.

“The Data Act will ensure that industrial data is shared, stored and processed in full respect of European rules. It will create a thriving data economy that is innovative and open, but on our European conditions,” EU Commissioner Thierry Breton said.

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