Data Regulations and Market Competition

The European Data Summit, an annual three-day international conference hosted by the Konrad-Adenauer-Stiftung, brings together experts who significantly influence the new competition law framework in Europe. Held in Berlin and digitally, this event serves as a platform for exploring political prerequisites for a digital single market in Europe and providing new impulses and regulatory approaches for the European data economy.

The term "Open Data" refers to a concept where machine-readable and structured information can be freely used, reused, and shared by anyone. To fully exploit and utilize the economic potential of data, it needs to be recognized as an economic good and a binding legal framework for its use is required. The Konrad-Adenauer-Stiftung seeks to propose potentially industry-spanning legal concepts that facilitate the assignment of rights for access, use, and reuse of digital data.

One of the publication projects focuses on data protection law and data trusteeship. Data trustees are institutions that bring data providers and data recipients together, acting as brokers or sellers of data. The General Data Protection Regulation (GDPR) is a significant milestone in Europe's digital policy, ensuring the protection of individuals' personal data.

Digital markets can only function well if they are supported by strong pro-competitive policies. Promoting competition in data handling is intended to counteract monopolistic forces and open up innovation opportunities. The economic potential of data can only be unlocked when it gains societal recognition as an economic good and can be used within a clear legal framework.

The Konrad-Adenauer-Stiftung aims to contribute to the debate on the digital single market with its studies, in line with the principles of the social market economy. They address competition policy issues arising from the advancing development of the data economy, the spread of platform markets, and Industry 4.0. The Stiftung advocates for a proactive competition law framework enforced by strong and independent competition authorities.

The data spectrum (open-shared-closed) determines data usage and defines whether data is open and accessible, or closed and protected by regulation, or whether certain data can be used in specific models. The European Data Summit explores these aspects and more, providing valuable insights for policymakers, industry leaders, and researchers alike.

Unfortunately, there is no specific information available about the date for the next European Data Summit of the Konrad-Adenauer-Stiftung in the search results. However, with the ongoing importance of data in shaping our digital future, it is certain that the Summit will continue to be a key event in shaping Europe's data economy.