Deep Dives

EU countries unite for new ‘data bill’ to limit Big Tech

June 28, 2023
We summarized this source into key points to remember. To know more about it, please click on the link above.

Receive a daily summary of what happened in tech, powered by ML and AI.

Thank you! We sent you a verification email.
Oops! Something went wrong while submitting the form.
Join 1,500+ thinkers, builders and investors.
The European Union (EU) member states have agreed on the Data Act, rules that oversee the use of European consumer and corporate data by tech giants and other firms. The Act, proposed by the European Commission, aims to protect data from smart devices and consumer products while limiting the power of US tech behemoths.

New Data Act Agreement: EU countries have reached a consensus on the Data Act after a seven-hour discussion among EU legislators.
  • This Act was initially suggested by the European Commission the previous year, with the intent to safeguard data generated by smart devices and consumer goods.
  • The primary objective of the Act is to limit the power of major tech firms, especially those based in the US.

  • Comments on the Data Act: The agreement on the Data Act is considered a significant step in shaping the digital landscape, according to EU Commissioner Thierry Breton.
  • In a tweet, Breton portrayed the agreement as a move towards a prosperous EU data economy that is innovative and open, but operates under EU terms.
  • Erik Slottner, the Swedish Minister for public administration, also commended the agreement, stating it would speed up the EU's digital transformation.

  • Provisions of the Data Act: The Data Act grants individuals and businesses greater control over the data generated by their smart objects, machines, and devices.
  • It allows individuals and businesses to have a say in the utilization of data generated by their connected products.
  • The Act makes it easier to switch between data processing service providers and introduces safeguards against unlawful data transfers by cloud service providers.
  • It also encourages the development of interoperability standards for data that can be shared across sectors.

  • Access to Private Data in Public Emergencies: The Data Act permits public sector bodies to access data held by private companies during public emergencies.
  • Entities like the Council of European Union, the European Central Bank, and Union banks would have the authority to access private data during incidents like floods or wildfires.

  • Did you like this article? 🙌

    Receive a daily summary of the best tech news from 50+ media (The Verge, Tech Crunch...).
    Thank you! We sent you a verification email.
    Oops! Something went wrong while submitting the form.
    Join 1,500+ thinkers, builders and investors.
    You're in! Thanks for subscribing to Techpresso :)
    Oops! Something went wrong while submitting the form.
    Join 5,000+ thinkers, builders and investors.
    Also available on:

    You might also like