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The EU Data Act: A Misguided Policy
- 0xDEF 4y agoInteresting that the US Chamber of Commerce is one of the few bodies speaking out against this insanity. The EU Data Act will force European companies to share trade secrets and business-critical data with everyone, including their American and Chinese competitors who will be less exposed to the law. Siemens Gamesa, the second biggest windturbine manufacturer in the world, fears for their ability to innovate and seek patents because this law will force them to share data with competitors: https://www.version2.dk/artikel/vindmoelle-gigant-frygter-ny-datalov-det-vil-totalt-overrumple-vores-it-folk https://www.version2.dk/artikel/vindmoelle-gigant-frygter-ny...