Data Act: Group CEOs call for thought pause

Industry representatives criticize the EU institutions for not adequately addressing their concerns about negative consequences of the Data Act for European companies. Despite some progress, the current legislative proposal could „do lasting damage to the competitiveness of some of Europe’s most successful companies,“ writes the industry association Digitaleurope in a letter to Commission President Ursula von der Leyen, Vice President Margrethe Vestager, Commissioner Thierry Breton and the Swedish Council Presidency.