EU Data Act Regulation

The EU Data Act, formally adopted in 2023, is a central part of the European Commission’s Data Strategy, aimed at unlocking access to and reuse of data generated in the EU. It creates a harmonized framework for business-to-business (B2B) and business-to-government (B2G) data sharing, especially from connected products and related services.The Act empowers users of connected devices such as cars, industrial machinery, or smart home products to access and share the data they generate. It also sets fair contractual rules for data sharing, ensures interoperability standards, and mandates data sharing with public bodies in cases of exceptional need, such as emergencies or natural disasters. The law applies to manufacturers, service providers, public bodies, SMEs, cloud service providers, and others that handle connected device data within the EU.