The European Council recently confirmed the agreement on
the draft compromise text for the European Data Act, also known as
the EU Data Act. This agreement was reached following negotiations
between the European Parliament and the Council of the EU on June
28th.
The primary objective of the EU Data Act is to enhance the
European Union's data economy. It aims to achieve this by
various means, including unlocking industrial data, improving its
accessibility and usability, simplifying the transition between
cloud and edge services, and fostering a competitive and dependable
European cloud services market.
Simultaneously, the UK's OFCOM, the regulatory authority for
communications, has taken steps to address issues in the cloud
infrastructure services market. OFCOM provisionally proposed
referring the market for cloud infrastructure services to the
Competition and Markets Authority (CMA) for a comprehensive market
investigation. This move was prompted by OFCOM's
