EU unveils new ideas for enhanced regulation of data

The EU laid out a policy framework for data and AI that is expected to lead to legislative proposals later this year. Convinced that fines alone won't compel big U.S. technology companies to conform to their views, EU policymakers now want to force tech companies to share data one way or another.

For companies the EU has accused of antitrust violations, such as U.S. tech giants Alphabet, Amazon.com and Facebook, regulators are considering forcing them to share data with smaller rivals.

For other businesses, the EU wants to make it easier to share industrial data, particularly in areas such as health care, agriculture and manufacturing, with the goal of promoting artificial-intelligence innovation in the bloc. AI algorithms tend to perform best when they are fed with large amounts of data.

The EU plans to draft legislation later this year that will, among other things, focus on addressing risks in AI applications that could harm privacy and consumer rights, the European Commission said.

(WBJ)