The Data Act introduced by the European Commission is aimed at regulating data sharing and usage within the EU, fostering an efficient and innovative data economy.
By establishing interoperability standards, the Data Act ensures data can be accessed and used across sectors, promoting innovation and competitive markets.
This legislation reinforces the right to data portability, which allows users to move their data freely among different service providers, enhancing user autonomy.
The Data Act is a significant step towards overcoming barriers to data sharing, ultimately facilitating optimal data allocation for societal benefits.
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