Tech giants oppose EU data-sharing proposals.
TL;DR
German companies Siemens and SAP have joined US tech giants in criticising the draft EU Data Act, which covers EU consumer and corporate data, for endangering trade secrets. The companies wrote a joint letter to the European Commission, calling for safeguards to allow companies to refuse requests to share data where trade secrets, cybersecurity, health and safety are at risk. The Commission confirmed receipt of the letter, saying it understood the importance of trade secrets but that companies should not use them as a pretext.
- EU draft Data Act puts trade secrets at risk, Siemens, SAP say Reuters
- Tech companies battle EU over data-sharing | World Business Watch | WION News WION
- Leading EU CEOs warn Brussels data law could hurt competitiveness Euronews
- Heads of five major tech companies are pushing back against the EU's proposed data-sharing rules CNBC Television
- Tech groups call for changes to EU data-sharing proposals Financial Times
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