EU countries, lawmakers reach deal on data rules targeting Big Tech

eu-countries,-lawmakers-reach-deal-on-data-rules-targeting-big-tech
EU countries, lawmakers reach deal on data rules targeting Big Tech

EU countries and EU lawmakers have reached an agreement on rules governing the use of European consumer and corporate data by Big Tech and other companies. The aim is to prevent non-EU governments from gaining illegal access to this data. The Data Act, proposed by the European Commission last year, covers data generated by smart gadgets, machinery, and consumer products. This legislation is part of a broader effort to limit the power of U.S. tech giants. The concerns about data transfers within the EU have increased since Edward Snowden’s revelations in 2013 about mass U.S. surveillance.

After seven hours of talks, the agreement on the Data Act was reached. EU industry chief Thierry Breton described it as a milestone in reshaping the digital space and creating a thriving EU data economy that is innovative and open, but on EU conditions. The new legislation grants individuals and businesses more control over their data generated through smart objects, machines, and devices. It allows them to easily copy or transfer data across different services. Additionally, consumers and companies now have a say in how the data generated by their connected products can be used.

The Act also facilitates switching to other data processing service providers, introduces safeguards against unlawful data transfers by cloud service providers, and promotes the development of interoperability standards for data reuse across sectors. However, attempts to force manufacturers to share data with third parties for aftermarket or data-driven services were weakened due to concerns about trade secret-related data leaks. Under the new law, such data sharing requests can be rejected in exceptional circumstances where operators could face serious economic losses that would undermine their viability.

Lawmaker Damian Boeselager expressed concern about this loophole, but noted that national authorities can review and overturn unilateral decisions by operators in a timely manner. The Information Technology Industry Council (ITI), a lobbying group, criticized the broad scope of the Act. They raised concerns about the ambiguous approach to data sharing, the expansion of products and services covered, the safeguards for trade secrets protection, and the rules affecting international transfers of non-personal data.

In conclusion, the agreement on the Data Act represents a significant step in regulating the use of European consumer and corporate data by Big Tech and other companies. The legislation aims to protect against illegal access by non-EU governments and gives individuals and businesses more control over their data. While some concerns and criticisms have been raised, the Act sets the stage for a more innovative and open EU data economy.

About News Team

Hi, I'm Alex Perez, an experienced writer with a focus on lifestyle and culture news. From food and fashion to travel and entertainment, I love exploring the latest trends and sharing my insights with readers. I also have a strong interest in world news and business, and enjoy covering breaking stories and events.

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