The European Commission is considering introducing a mechanism to protect trade secrets in the EU Data Act. However, this would only be an exception and not the norm. The Data Act aims to regulate how data is accessed, shared, and ported, with a specific focus on mandating manufacturers of connected devices to allow users to access and share the data they generate.
After several EU-based technology companies wrote a letter to European Commission President Ursula von der Leyen, the EU Council of Ministers has been receptive to concerns regarding data disclosure. Member states have introduced the principle that organisations may decline to disclose data if it can be shown such disclosure would cause significant economic harm.
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