Corporate exemptions will undermine the EU Data Act effectiveness

07/02/2023 | Financial Times

An article in the Financial Times (£) by Finland's Minister of Transport and Communications, Timo Harakka, in which he warns against allowing corporate exemptions for undefined trade secrets under the EU Data Act, which "would disable the regulation and revoke all of the benefits that it would provide." Furthermore, he writes the EU should implement "privacy-proof but non-restrictive data sharing methods," such as zero-knowledge proof and federated learning, to maximise the benefits of sharing data under the Act. Otherwise, businesses will obscure the definitions of health records and sensitive personal data with business data that they argue should be exempt from sharing under the law.

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