Regulation (EU) 2023/2854
Data Act
Regulation ensuring fair access to and use of data within the EU. Aims to promote innovation and create a single European data market.
Scope
European Union
Effective date
September 12, 2025
Max fine
Member States set penalties that are effective, proportionate, and dissuasive; serious infringements can lead to administrative fines in line with GDPR (up to €20M or 4% of global turnover).
Who does it apply to?
Organizations generating, holding, or using data within the EU.
Examples
A manufacturer sharing data from connected devices with third-party service providers.
Impact
Enhanced data sharing, increased competition, and support for data-driven services.
Risk of non-compliance
Compliance challenges, risk of data misuse or confidentiality breaches.
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