EU countries agree on new ‘data bill’ to curb power of Big Tech companies
The EU has agreed on the Data Act, which gives individuals and businesses more control over their data generated by smart gadgets and other consumer products, while curbing the power of US tech giants.
EU countries have agreed on rules governing to rules that governed the use of European consumer and corporate data by Big Tech and other companies. The new agreement called Data Act was reached after seven hours of talks between EU lawmakers. It was proposed by the European Commission last year in a bid to protect data generated by smart gadgets and other consumer products while aiming to curb the power of US tech giants.