EU launches the European Strategy for Data
On 19 February 2020, the EU put forward A European strategy for data.
The aim is to create a single market for data, which would allow the EU to become a role model and a leader for a society empowered by data. The EU’s vision is to augment the use of data for the benefit of society, stemming from European values and fundamental rights. For this to happen, the EU will work to create a favourable policy environment. The Communication sets out specific policy measures and investments that fall within four pillars: governance; enablers, competences and the development of common European data spaces across the strategic sectors.
The Strategy also outlines issues that are holding the EU back from realising its potential in the data economy. The imbalances in market power in the online platform economy and in particular, the large amounts of data held by small number of platforms is one of them. The role of data in creating and reinforcing such imbalances is being analysed by the Observatory on the Online Platform Economy.
You can express your views on the European strategy for data through a public online consultation, which is available until 31 May 2020.
A visual summary of the strategy can be found in the accompanying factsheet.
Image by the European Commission