Page 34 - Data Act News Today

The bill was approved by the European Parliament in March, but negotiations regarding its final version have been ongoing

EU nations and legislators agreed on laws to control how Big Tech and other corporations exploit European people's personal and corporate data.

BRUSSELS (Reuters) -EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access. The European Commission proposed the Data Act last year to cover data generated in smart gadgets, machinery and consumer products, part of a raft of legislation aimed at curbing the power of U.S. tech giants. EU concerns about data transfers have grown following reve...

The European Commission proposed the Data Act last year to cover data generated in smart gadgets, machinery and consumer products, part of a raft of legislation aimed at curbing the power of US tech giants.

Legislative negotiators from the European Union have agreed on new rules known as the Data Act – after the Web3 community raised fears that its provisions on…

The EU has agreed on the Data Act, which gives individuals and businesses more control over their data generated by smart gadgets and other consumer products, while curbing the power of US tech giants.

BRUSSELS (Reuters) - EU countries and EU lawmakers on Tuesday agreed on rules setting out rights and obligations on the use of EU consumer and corpora...

Lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community.…

Background

EU states and the European Parliament agreed on a so-called data law on Wednesday night. It is intended to clarify legal, economic and technical issues relating to access to data. Data from modern cars, networked household appliances and industrial plants such as wind turbines are to be better used in Europe in the future. German tech companies had warned against the law, arguing that it could affect international data transfers. However, the EU law aims precisely to curb the dominance of the US...