The VDMA on the "Data Act"
"Unnecessary uncertainty for companies"
The EU institutions have agreed on the "Data Act", which regulates the use of collected data. The VDMA takes a critical view of the agreement.
VDMA Deputy Managing Director Hartmut Rauen has clear words on the "Data Act". The statement in full:
"The results of the trilogue on the EU Data Act are not good news for the mechanical and plant engineering industry. Some improvements have been made in certain areas, such as the protection of trade secrets. Nevertheless, the Data Act still represents a massive encroachment on the previously well-functioning freedom of contract in the exchange of data between companies. This law would not have been necessary for the exchange of data between companies and has so far only created uncertainty because the impact on data-based business models is still unclear. This is because European legislators are intervening deeply in business models that are largely unknown to them and making it more difficult to reach precisely tailored agreements, which are essential in complex industrial business models. This is the start of a digital policy experiment with an unclear outcome.
The Data Act also comes at an inopportune time: the industrial data economy is just gaining momentum, not least due to industry-driven initiatives such as Manufacturing-X. What's more, the Data Act is part of a wave of EU regulation that not only costs money and creates uncertainty, but also ties up the skilled workers urgently needed for innovation. It is hard to understand why EU Commission President von der Leyen promises to subject legislation to a competitive test and reduce reporting obligations, but at the same time creates new obligations. The EU legislator must finally meet the needs of small and medium-sized enterprises again."
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