Last update: 26/02/2024
European Data Act for a new and better data economy
The European Data Act will ensure fairness in the digital environment by clarifying who can create value from data and under which conditions. It will also stimulate a competitive and innovative data market by unlocking industrial data, and by providing legal clarity as regards the use of data. It protects European businesses from unfair contractual terms in data sharing contracts that one contracting party unilaterally imposes on the other. This will enable small and medium-sized enterprises (SMEs), in particular, to participate more actively in the data market. Furthermore, it will allow…
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