The legislators of the EU countries have reached an agreement on data regulation aimed at Big Tech


BRUSSELS, June 27, 2010 (FBC) – European Union countries and EU lawmakers agreed on Tuesday on rules governing how big tech and other companies can use European consumer and corporate data to prevent illegal access by non-EU governments. .

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

In 2013, the European Union’s concerns about data transfers increased following the revelations of US mass surveillance by former US intelligence contractor Edward Snowden.

The agreement was reached after seven hours of negotiations.

EU industry chief Thierry Breton said on Twitter: “Tonight’s agreement on the data law is a major step in reshaping the digital space… We are in a renewed EU data economy, creative and open – on our terms.”

The new law gives individuals and businesses more control over the data generated by smart devices, machines and devices, allowing them to easily copy or transfer data from various services.

It also suggests what consumers and companies can do with the information generated by the connected products.

The law makes it easier to switch to other providers of data processing services, introduces safeguards against illegal data transfer to cloud service providers, and provides for the establishment of interoperability standards for data reuse between sectors.

They undermined attempts to force manufacturers to share data with third parties to provide aftermarket or other data-driven services. Siemens ( SIEGn.DE ) and SAP ( SAPG.DE ) have been threatened by data leaks related to trade secrets.

Such data-sharing requests may be denied under the new law in exceptional cases where operators suffer “serious and irreparable economic loss” that would harm their economic viability.

Lawyer Damian Boeselager says this has created a loophole for some companies.

“I find this very worrying. But at least a national authority can review and overturn a unilateral decision by the operator in a timely manner,” he said.

Lobby group the Information Technology Industry Council (ITI) criticized the law’s broad scope.

“We have ongoing concerns about the law’s broad and ambiguous approach to data sharing, including the proliferation of primary products and services and protections for trade secrets, as well as laws governing the international transfer of non-personal information,” said Guido Lobrano, director general for Europe.

Reporting by Foo Yun Chee; Editing by David Gregorio and Lincoln Fest.

Our Standards: The Thomson Reuters Trust Principles.


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