Ever wondered who truly controls the vast amounts of data generated by your smart devices and the digital services you rely on? The **EU Data Act (Regulation (EU) 2023/2854)** is a landmark regulation poised to fundamentally reshape the digital economy across the European Union [1, 2].
Join us as we unpack this crucial legislation designed to establish **harmonised rules for fair access to and use of data**, aiming to boost innovation, competitiveness, and sustainable economic growth within the EU [1, 3].
In this episode, we'll explore how the Data Act:
* **Empowers users** of connected products and related services, giving them the right to access, use, and even share their generated data with third parties of their choice, free of charge in many cases [4-6].
* Obliges **data holders** to make data available under fair, reasonable, and non-discriminatory terms and conditions, addressing previous barriers like contractual imbalances and data silos [4, 7, 8].
* Facilitates **seamless switching between data processing services**, such as cloud and edge computing, by removing technical and contractual obstacles like excessive data egress charges, fostering a more competitive market [4, 9-12].
* Introduces safeguards for **trade secrets** while still promoting data sharing, and clarifies rules for the use of "smart contracts" in data sharing agreements [13-16].
* Enables **public sector bodies** to access necessary data in exceptional circumstances, such as public emergencies, to carry out tasks in the public interest [6, 14, 72, 132(c)].
* Establishes important safeguards against **unlawful international governmental access** to non-personal data held in the Union [111, 112, 132(e)].
Tune in to understand your new data rights, the obligations for businesses, and how this regulation will impact consumers, enterprises, and the future of data interoperability in the European data economy.
