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Tech groups call for changes to EU data-sharing proposals

Draft law could do ‘lasting damage’ to competitiveness, say five chief executives

The chief executives of five leading EU tech groups have called for Brussels to amend proposed data-sharing legislation, saying the new rules would force them to give up trade secrets and hand a competitive advantage to China.

The intervention by the heads of SAP, Brainlab, Datev, Siemens and Siemens Healthineers — a separate company — marks the latest backlash from tech companies against the EU’s Data Act, part of a string of digital rules aimed at giving Europe a competitive advantage on data access.

The chief executives have written to European Commission president Ursula von der Leyen asking for a pause to allow changes to the proposals, which spring from a sense among European regulators that the bloc lost out to the US in the past. The latest plans would oblige companies to share data with users, other businesses and governments.

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