Author (Person) | Meyers, Zach |
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Publisher | Centre for European Reform (CER) |
Series Title | CER Insight |
Publication Date | July 2022 |
Content Type | Research Paper |
Summary: The EU has already passed sensible regulations to help unlock commerce in industrial data – so that data can be obtained by firms best placed to exploit it. For example, the EU requires public authorities to open up their datasets; it removed barriers to non-personal data transfers within the EU; and lawmakers recently agreed the Data Governance Act (DGA) to encourage voluntary data-sharing in the private sector. The Czech presidency of the EU is now prioritising the Data Act, a ground-breaking proposal by the European Commission. The proposal represents a radical departure from the EU’s (sensible) 2020 data strategy. The Data Act instead applies concepts from the General Data Protection Regulation (GDPR) – which protects personal data – to industrial data. That is a bad idea, given growing evidence that the GDPR has reduced innovation by small firms. |
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Link to Main Source
https://www.cer.eu/insights/eus-plan-unlock-industrial-data-needs-rethink
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Subject Categories | Business and Industry, Internal Markets |
Subject Tags | Digital Economy, Information Society, Single Market |
Keywords | Data Economy | Data Market, Data Hosting | Storage, Data Privacy | Protection |
International Organisations | European Union [EU] |