The EUs industry chief Thierry Breton called the agreement a milestone in reshaping the digital space.
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But internet-connected devices have muddied the waters somewhat.
Everything from phones and cars to windmills and coffee machines gather data.
The Data Act looks to change that.
Announcing the deal on Tuesday, EU politicians emphasised the need for harmonised rules.
The Data Act has beenhailedas the final and, potentially, most important part of the EUs digital transformation.
Siemenssaidit is worried that the law could expose commercially sensitive data.
The deal, DigitalEurope said on Wednesday, fails to achieve the necessary balance.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
