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ARTICLE · 17 NOVEMBER 2023

European Parliament Adopts Final EU Data Act

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On November 9, 2023, the European Parliament has adopted the final version of the Data Act, marking a significant milestone in the evolving landscape of digital regulation.

European UnionPrivacy
Yung Shin Van Der Sype, Ph.D.
Yung Shin Van Der Sype, Ph.D.
Sari Depreeuw
Sari Depreeuw
Maarten Stassen
Maarten Stassen

On November 9, 2023, the European Parliament has adopted the final version of the Data Act, marking a significant milestone in the evolving landscape of digital regulation. The Data Act is part of the European Commission's broader strategy to shape Europe's digital future (see our earlier posts here and here).

The widespread use of internet-connected products (the so-called Internet of things or "IoT") has notably increased the volume and potential value of data for consumers, businesses, and society at large. Recognizing that barriers to data sharing hinder optimal data allocation for societal benefit, led to the drafting of the Data Act. Initially proposed by the European Commission in February 2022, the Data Act is designed to regulate data sharing and usage within the EU.

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