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The European Parliament and Council of the EU have reached a provisional agreement on a new Data Act that aims to regulate how consumer and corporate data can be used and accessed in the bloc. The agreement was welcomed by EU industry chief Thierry Breton, who called it a “milestone in reshaping the digital space” that will create “a thriving [EU] data economy that is innovative & open — on our conditions.”
In short, the legislation aims to give end users in the EU more control over the data generated when using connected devices, Reuters notes. As a press release from the European Commission (which proposed the act last year) explains, this includes letting users access the data generated by smart objects, machines, and devices, and…
