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Supporting economic attractiveness with the EU Data Act

3 May 2023
All Committees
Digital Economy

A successful EU Data Act proposal will create a thriving data economy for companies in Europe. But unclear definitions and a priority on speed over quality is stopping the text from reaching its full potential. By making changes across the areas of cloud switching and interoperability, data sharing, international safeguards and transfers and retroactive applicability, the EU can avoid economic consequences for industry and support Europe’s data economy.