Towards a European data economy - a BusinessEurope position paper

KEY MESSAGES

1. Digitalisation can be at the heart of Europe. The EU must timely complete the Digital Single Market, ensuring free movement of data to take full advantage of the digital transformation and compete effectively worldwide.
2. The data economy is paving the way for the ongoing industrial revolution. Its evolution can significantly improve lives, create growth and jobs, and benefit society overall.
3. Europe needs to adopt an innovation-friendly approach to data to empower the digitalisation process and offer robust solutions for data use. Policy makers should carefully assess if and where action is needed.
4. The European legislative framework for data must allow companies to compete globally, foster the creation of new business models and ensure a level playing field, with legal certainty and stability.