European Data Regulation: A New Step Towards the Creation of a Single Digital Market

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On 11 January 2024, the Data Act, the new European Data Regulation on “harmonised rules on fair access to and use of data”, entered into force. It is part of the broader European strategy to create a single digital market and to acquire the Union’s leadership in the data sector and which will allow a greater flow of data for the benefit of businesses, citizens, and public administrations.

The Data Act represents the second most important European initiative on data, and together with the Data Governance Act (Regulation 2022/868), it is part of the broader European strategy to create a single digital market and to acquire the Union’s leadership in the data sector, already announced by the European Commission in February 2020. The aim of this strategy is to create a single European market in which data can circulate, be shared and used freely by both public and private actors in the field of research and innovation in the European Union, for example for the benefit of the modernisation of public services, the production of personalised medicines, the achievement of more efficient mobility and better policymaking.

The aim of the Data Act is to… Read more

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