Joint statement of the industry - The Data Act is a leap into the unknown

Data sharing will be fundamental to the success of the European economy in the coming years. But the Data Act as it stands is a huge leap into the unknown, affecting the fundamentals of European companies’ data-driven business models, with only the promise of a better data future. As the policymaking process accelerates on this pivotal proposal, industry warns against possible unintended economic consequences across data value chains.