Why the Data Act will lead to Innovation and Growth

Malte is the mastermind behind the EU Data Act. He talks about the
making of this ground-breaking EU legislation and its impact. Data
is a novel type of asset, distinct because it can be copied without
costs; a so-called non-rival economic good. Because this economical
resource can be used many times and in parallel it has such great
potential. The Data Act focuses on the specific category of IoT
data. It connects the rights on physical hardware (ownership, lease
etc) with the rights on the data. Listen to Malte who explains with
many examples how this will work and what it will mean for
innovation and economic growth.