BEGIN:VCALENDAR PRODID:-//Microsoft Corporation//Outlook 11.0 MIMEDIR//EN VERSION:2.0 CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT DTSTART:20221116T170000 DTEND:20221116T183000 DTSTAMP:20240225T021627 SUMMARY:The Data Act – opportunities and challenges towards a fair and innovative data economy DESCRIPTION:The European Commission unveiled its landmark Data Act legislative proposal in February 2022 with the aim of creating new rules for data sharing and the data economy. The new framework wants to help unlock the value of data use and stimulate a competitive and innovative data market in the EU. According to the Commission, the Data Act will enable a ‘fair and innovative data economy,’ by addressing the ‘legal, economic and technical issues that lead to data being under-used.’ It does so by creating access and sharing rights for the data generated by users of connected products, introducing a framework for the public sector to access and use private data for certain exceptional circumstances and creating new requirements that apply when customers switch between cloud providers. These new measures will have a huge impact on the data economy and the relations between the different actors in the market. Since the publication, stakeholders and legislators alike have shown great interest in the proposal, highlighting the opportunities it can create and the challenges it may pose. This EIF event will gather a panel of policymakers and stakeholders to discuss some of the biggest issues at stake in the Data Act. The panel will touch upon the key provisions around business-to-business and business-to-government data sharing and the measures on cloud switching. Key challenges related to privacy, security and international transfers of data will also be addressed. LOCATION:Hotel Renaissance, Belgium TRANSP:OPAQUE END:VEVENT END:VCALENDAR