BRUSSELS : German business software maker SAP and German engineering company Siemens have joined U.S. tech giants in criticising draft EU laws on the use of data generated by smart gadgets and other consumer goods.EU countries and EU lawmakers are working on the details of the Data Act, proposed by the Eu
BRUSSELS : German business software maker SAP and German engineering company Siemens have joined U.S. tech giants in criticising draft EU laws on the use of data generated by smart gadgets and other consumer goods.
The draft law, covering EU consumer and corporate data, is part of a set of legislation aimed at curbing the power of U.S. tech giants and helping the EU to achieve its digital and green objectives. "It risks undermining European competitiveness by mandating data sharing – including core know-how and design data – with not only the user, but also third parties," the companies wrote in a joint letter to Commission President President Ursula von der Leyen, EU antitrust chief Margrethe Vestager and EU industrial chief Thierry Breton.
Signatories to the letter dated May 4 and seen by Reuters included the chief executives of the two companies, Siemens Healthineers, German medical technology company Brainlab, German software company DATEV and lobbying group DIGITALEUROPE.
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