The European Parliament confirmed its position on the 'Data Act' at a plenary vote on the 14th (Tue).
The Data Act stipulates the rights and obligations of all economic entities to share data in order to promote the sharing of industrial data collected through the IoT.
As the European Parliament has confirmed its position on the data law, it will launch a trilogue negotiation with the EU Council and EU Commission to seek a final compromise. The first three-way negotiation will take place on the 28th (Tue).
[Data Law Coverage]
The Data Act stipulates the principle of guaranteeing access to data to IoT users who contributed to data generation. Data with guaranteed access rights are limited to non-personal information collected through the Internet of Things.
[Business-to-consumer (B2C) data sharing]
IoT users (consumers) have access to data generated by the Internet of Things for purposes such as using separate repair services other than data depositors (manufacturers, etc.), and can also sell acquired data.
[Business-to-business (B2B) data sharing]
When data is shared between companies, data archivists can claim compensation for data sharing from the target company as part of economic incentives related to data collection and sharing.
However, if the target of sharing is small and medium-sized enterprises, technical costs related to data sharing cannot be exceeded.
[Business-Government (B2G) Data Sharing]
Public institutions such as the government may exceptionally require private companies to share data for the purpose of responding to or preventing public crises. However, data that can be shared is limited to non-personal information, and strict requirements such as protecting the economic value of data are imposed.