BRUSSELS, June 27 (Reuters) - EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access.
The European Commission proposed the Data Act last year to cover data generated in smart gadgets, machinery and consumer products, part of a raft of legislation aimed at curbing the power of U.S. tech giants.
EU concerns about data transfers have grown following revelations by former U.S. intelligence contractor Edward Snowden in 2013 of mass U.S. surveillance.
"Tonight's agreement on the Data Act is a milestone in reshaping the digital space...we are on the way of a thriving EU data economy that is innovative and open — on our conditions," EU industry chief Thierry Breton said in a tweet.
It also gives consumers and companies a say on what can be done with the data generated by their connected products.
Persons:
Edward Snowden, Thierry Breton, Damian Boeselager, Guido Lobrano, Foo Yun Chee, David Gregorio, Lincoln
Organizations:
Big Tech, EU, European Commission, Manufacturers, Siemens, SAP, Information Technology Industry, ITI, Thomson
Locations:
BRUSSELS, Europe