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Status: concluded Period: August 2021 - December 2021Funding: 30.000€ (VAT excluded) Funding organization: TIM Person(s) in charge: Antonio Vetrò (Senior Researcher), Giacomo Conti (Researcher). |
Executive summary:
The objective of this project is to provide a clear picture of the European Data Strategy, its future developments and its criticalities, comparing European introductions with the US world, which has always been the hub of the data market.
Background:
Operations on data are increasingly common in today’s world. Both public and private enterprises obtain, process and sell enormous quantities of data. The European Union has recently published its European Data Strategy, a plan composed of numerous regulations that aims to make the EU a common, free and safe market in which to exchange data. This partially differs from the approach that the United States have had. There, regulations are more relaxed, and private enterprises are able to do almost whatever they want with the data they obtain. Although inherently linked, the USA and Europe offer different perspectives on how data is bought and sold, and each concept brings with it advantages and disadvantages. Fully understanding the upcoming European innovations, and their American counterparts will certainly be useful in the data marketplace, taking the best of both worlds and being aware of their criticalities.
Objectives:
The objective of this project is to provide a clear picture of the European Data Strategy, its future developments and its criticalities, comparing European introductions with the US world, which has always been the hub of the data market.
Results:
Two deliverables have been prepared:
1) The current European strategy regarding data, focused on how the European Commission has intended to revolutionize the European approach to data exchange, data conservation and data processing in general. This is accomplished through the analysis of the three main acts that make up the New European Data Strategy: the Data Governance Act, the Digital Markets Act, and the Digital Services Act.
2) The law of data between Europe and the United States, a comparative analysis which takes into account the many differences between the European data market and the United States’, offering suggestions on how to best be prepared for the regulations that will come and hypotheses on how the data market in general will change in the next years due to these potentially new rules.
