WEDLAKE BELL TECHNOLOGY, February 2022
The leaked draft of the EU Data Act provides insight into the EU’s digital strategy, which aims to build a single market for data by facilitating data sharing while respecting rights and investments. The Act proposes new rights and obligations and clarifies legal protection of databases under the sui generis right in the context of the Internet of Things. The Act is expected to interact with other EU legislation. Although the Act is not yet in force, businesses should consider it in their product roadmaps and compliance planning to avoid being caught out in a rush to comply.