European Commission welcomes political agreement to boost data sharing and support European data spaces
The Commission "welcomes" the political agreement reached today between the European Parliament and EU Member States on a European Data Governance Act. Trilogue negotiations have now concluded, paving the way for final approval of the legal text by the European Parliament and the Council, Commission says.
Executive Vice-President for A Europe Fit for the Digital Age, Margrethe Vestager, said: “This Regulation is a first building block for establishing a solid and fair data-driven economy. It is about setting up the right conditions for trustful data sharing in line with our European values and fundamental rights. We are creating a safe environment in which data can be shared across sectors and Member States for the benefit of society and the economy.”
Commissioner for Internal Market, Thierry Breton, said: “With the Data Governance Act agreed today, we are defining a common approach to data sharing – the European way. We are facilitating the flow of growing industrial data across sectors and Member States to help Europe become the world's number one data continent. We are doing so by building trust,putting the individuals and companies who generate data in the driving seat so they remain in control of the data they create. In a nutshell: an open yet sovereign European Single Market for data.”
The Data Governance Act proposed in November 2020 will create the basis for a new European way of data governance in accordance with EU rules, such as personal data protection (GDPR), consumer protection and competition rules.Thanks to this Regulation, more data will be available and exchanged in the EU, across sectors and Member States. It will boost data sharing and the development of common European data spaces, such as manufacturing, cultural heritage and health, as announced in the European strategy for data.
The political agreement reached by the European Parliament, Council and Commission is now subject to formal approval by the European Parliament and the Council.The Commission will soon also propose a second major legislative initiative, the Data Act, to maximise the value of data for the economy and society. The Data Act aims to foster data sharing among businesses, and between businesses and governments. An open public consultation ran from 3 June to 3 September 2021 and the results will be published in the following days.
In addition to these two complementary initiatives, the Commission will further develop and fund European data spaces to pool data in key strategic sectors and areas of public interest, such as health, agriculture and manufacturing.
Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…
G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes
Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries
Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…
Mutual of Omaha is excited to announce its relationship with Workday, Inc. to help employer-provided insurance customers improve their benefits programs…
Sei Labs, the main contributor to Sei, the fastest Layer 1 EVM blockchain, today announced its latest roadmap, dubbed “Giga”, charting its path to becoming…
PM360's 13th Annual Innovations Issue recognizes Swoop for its cutting-edge contributions to data-driven healthcare marketing. Honored with three prestigious…
Mastercard (NYSE: MA) today completed its acquisition of Recorded Future. “As the world becomes more digitized, there's an increased focus on securing…