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On 27 June 2023, the European Council presidency and European Parliament representatives reached a provisional agreement on the Data Act (Regulation on harmonised rules on fair access to and use of data). In particular, the Act aims to ensure proportionate participation in the value of using data between businesses, consumers and public bodies. The Act includes interoperability requirements to facilitate switching data processing services providers and enable the use of data transmitted. The provisional agreement must now be endorsed by the Council and the European Parliament.
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