How to ensure fair industrial data-sharing terms in the framework of the EU Data Act?
WATCH THE RECORDING HERE
The Data Act, presented in 2022, is a legislative proposal that intends to complement the Commission’s data strategy. The proposed law aims to regulate access conditions for data produced by the Internet of Things (IoT) devices, requiring manufacturers to provide access and introducing the right for device users to access and port their data. Furthermore, it lays down the right to share data with third parties. Overall, the proposal defines who can use what data and under what conditions.
Unlocking industrial data is a great challenge for the EU as 80% of it remains unused. With this new legislative proposal, the Commission wants to unlock the potential data-sharing offers to businesses, consumers or public services and boost innovation by using the potential of data as a non-rival good.
However, there are not only opportunities, but also risks associated with the Data Act as proposed by the European Commission. In particular for manufacturing SMEs, the mandatory data sharing might have also negative impacts, for example by exposing trade secrets, creating too many obligations for product design and undermining data-based business models.
Join this EURACTIV Virtual Conference to discuss how to ensure fair and balanced rules for data-sharing in the framework of the EU Data Act.
António Biason, Legal and Policy Officer, Data Policy and Innovation, DG CNECT, European Commission
Pilar del Castillo Vera MEP, Member ITRE Committee, Rapporteur ''EU Data Act'', European Parliament
Kir Nuthi, Senior policy analyst, Center for Data Innovation
Thomas Mann, CISO-Chief Information Security Officer, Group BCM Officer, K-Businesscom AG
14:30 – 14:35 Welcome
14:35 – 14:50 Panellist statements
14:50 – 15:40 Discussion and Q&A
15:40 – 15:45 Closing statements
+32 (0) 2 788 36 86
EU seeks to ‘seize the opportunity’ of data economy
Upcoming EU legislation that aims to put users and providers on an equal footing regarding data access is expected to generate billions of euros of additional GDP for Europe, according to European Commission estimates.