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Fortune
Fortune
David Meyer

European tech leaders speak out against new EU Data Act

(Credit: Britta Pedersen—picture alliance/Getty Images)

The lobbying battle against yet another new piece of European tech legislation—this time dealing with industrial data—just stepped up a notch.

The Data Act is supposed to make it easier for European consumers and businesses to access the data generated by their internet-connected devices, and to encourage the sharing and reuse of that data by a variety of businesses and public-sector organizations. It’s also meant to give smaller companies a stronger hand when negotiating data-sharing contracts with larger partners—and when trying to switch cloud providers for the crunching of their data. 

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