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The EU Digital Market & Its Laws

This whitepaper will provide you with:

  • Specific obligations and responsibilities that businesses must adhere to under eight different data-related regulations as part of the EU's Strategy for Data;
  • Clarity related to the roles of intermediaries under each Act, ensuring every business has a clear understanding of where they stand in the EU's data regulatory landscape;
  • A breakdown of the enforcement agencies responsible for ensuring and monitoring compliance under each Act, allowing businesses to know which regulators they interact with and what to expect during audits and investigations.

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Data has become an incredibly vital resource. It fuels the engines of innovation across multiple industries and jurisdictions. For this reason, data flows freely across borders. Naturally, with the rise in data-related security incidents as well as increasing user concerns, it is essential to have appropriate guardrails in place to ensure data is used responsibly.

The European Union (EU) has a slew of such guardrails in place in the form of concrete regulations dealing with multiple data usage aspects. For businesses, understanding and complying with these laws can prove a challenge owing to their complexity, which includes the diverse nature of obligations, different enforcement agencies, and hefty fines and operational restrictions in case of non-compliance and violations.

Securiti's comprehensive infographic simplifies the entire process by providing a visual guide that can serve as an invaluable resource. It breaks down all the most important aspects of the EU's data regulations, allowing businesses to prioritize their compliance efforts effectively and efficiently.

The EU Digital Market & Its Laws

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Frequently Asked Questions

Here are some other commonly asked questions you may have related to the EU Digital Market:

The EU's Strategy for Data establishes a single market for data by ensuring that data can flow freely within the EU and across sectors while abiding by European rules related to privacy, data protection, and competition. This would involve creating clear and unambiguous rules on access to and use of data, in addition to common data spaces that would facilitate data-sharing arrangements between businesses, academics, and public administrations.  

Common European data spaces refer to ecosystems within individual sectors where data can be securely shared and used by multiple entities within that sector. These data spaces differ from traditional data portals by virtue of being more decentralized and designed to allow various participants to retain control of their own data while enabling collaboration in specific use cases.

The EU's Data Act introduces several new data access and use rules across sectors. Additionally, it addresses legal and technical challenges that otherwise prevent data from being fully utilized by establishing clear frameworks on who can access data and for what purpose. Moreover, the Act promotes fair competition while also penalizing those involved in unlawful data sharing.

The EU's data strategy is designed to enable and promote responsible sharing and reuse of data in sectors such as healthcare and agriculture, where data-driven solutions can significantly impact decision-making and eventual outcomes. One example is the European Health Data Space, which enables more effective and efficient health crisis management and personalized healthcare. Similarly, in agriculture, access to shared data would empower farmers and other stakeholders to optimize their resources and meet their sustainability goals. 

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