Negotiators from the European Parliament and European Union (EU) member states have reached an agreement on a joint position on a so-called European Data Governance Act (DGA), both parties confirmed in Brussels.
The European Commission proposed the law in 2020.
The act’s goal is to accelerate innovation in artificial intelligence, medicine, and mobility by increasing the use of data.
In the medical field, for example, data can help improve care, enable personalized treatments, and aid in the discovery of cures for rare or chronic illnesses.
The law also seeks to ensure that citizens retain control over their personal data.
That should also apply to those who provide their data voluntarily.
Margrethe Vestager, Vice President of the European Commission, stated that it is about creating the right conditions for trustful data sharing in accordance with our European values and fundamental rights.
“We are working to create a safe environment in which data may be exchanged across industries and member states for the benefit of society and the economy.”
“The political agreement on the law must now be approved by the council of member states and the full session of the European Parliament,” Vestager added.