Joint industry statement: The Data Act

AIOTI has co-signed joint industr statement on the EU Data Act.

The statement can be found here.

Industry is inviting the EU policy makers to ensure that final proposal:

• Protects trade secrets, safety, security and privacy by including effective safeguards to prevent data misuse and unfair competition;
• Gives certainty to companies as to if and what they must share, starting by setting clear definitions, e.g. ‘data’ and ‘data holder’;
• Enables companies to find mutually beneficial data-driven relationships by recognising the central role of flexible contractual terms, including on compensation;
• Differentiates between the business-to-business (B2B) and the business-to-consumer (B2C) contexts and provides different rules and safeguards accordingly;
• Sets strict conditions to business-to-government (B2G) data requests and limits the scope to public emergencies, to avoid endless litigation and uncertainty for Member States;
• Promotes cloud adoption through an applicable and adaptable switching framework that reflects technical reality and market needs, and provides legal clarity;
• Does not create new obstacles to international data flows, which are critical to European companies’ operation and growth in foreign markets;
• Allows for a longer transition period, of at least 36 months, to give companies time to prepare, and does not apply retroactively to ensure predictability of current investments.