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24-02-2022

24-02-2022

EU Data Act

New proposal for industrial data sharing

The European Commission has published its proposal for a Data Act. The proposed Regulation aims to clarify who can access and share industrial data, and on what terms. The proposal also sets out interoperability requirements, among others, to make it easier for companies to switch between cloud and other data processing services.

The Act builds on creating a new legal, economic and technical framework that will make more data available for re-use. The European Commission expects it to add €270 billion to the EU economy by 2028.

Learn more about the Data Act in our note below and get in touch should you have any questions: tech@nove.eu

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