As of September 2025, the EU Data Act will dramatically transform the way data is used and controlled across the EU, particularly focusing on the Internet of Things (IoT) and connected devices, as outlined in the EC Guidance on the matter.
The EU Data Act has entered into force and is a pivotal legislation aiming to reshape the fair distribution of value generated from data in the digital economy.
On March 14, 2023, the European Parliament approved the bill for the Data Act, legislation that is part of the European data strategy and aims to contribute to the development of new digital services through increased data sharing, with a considerable impact on trade secrets.