European Union Data Act Published

On February 23, 2022, the EU Commission published its draft Data Act, after much anticipation.
Abhinaya M

Updated: Feb 25, 2022 02:45:19 pm

25 February 2022 Current Affairs:On February 23, 2022, the EU Commission published its draft Data Act, after much anticipation.

Highlights
  • European Commission sets a raft of the latest rules for data sharing. It forms a part of the European Union’s strategy to form the bloc a pacesetter in a data-agile economy.
  • The proposed legislation is aimed toward making data sharing and using easier and set a typical at EU-wide level. 
  • It calls manufacturers to permit owners of connected devices, during a bid to ascertain what data they're gathering.
  •  It seeks to offer companies and consumers more control over what is often through with their data. It also clarifies who can access data and on what terms. 
  • The new rules also mean government bodies and public bodies are going to be ready to request access to privately-held data for legal obligations or public emergencies but not day-to-day enforcement activities.
Application
  • The draft legislation is going to be applicable to manufacturers of products and services, like cloud service providers and Internet of Things (IoT) devices within the EU. 
  • It'll also affect users, including individuals and businesses. It might mean that they might require to open up their data to the users. 
  • Users are going to be ready to provide data to 3rd parties or use it for their own purposes. Users also can demand to form this data available to third parties. however, data sharing must respect trade secrets.
Provisions
  • Under it, products and services should be designed to permit easy accessibility by users.
  • Data access is going to be granted without undue delay, freed from charge, and in real-time.
  • Data holders will provide comprehensive information on data generated when using the services or product.
  • Data holders are going to be requested by the user who provides data to a 3rd party authorized by him.
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