by Streamlex 9 February 2025
In January 2025, the European Commission unveiled its Competitiveness Compass, outlining strategic measures to boost the EU’s innovation and competitiveness. This article explores seven new legislative acts under Pillar 1: Closing the Innovation Gap, while also examining how the Commission plans to approach the mosaic of the existing digital laws like the GDPR, AI Act, Cyber Resilience Act, and Data Act.
Under Pillar 1: Closing the Innovation Gap of the Competitiveness Compass, the Commission plans to develop the following seven acts:
The Competitiveness Compass highlights the EU’s intended approach toward reducing regulatory complexity while maintaining existing legislative frameworks. The Commission intends to shift the focus from creating new regulations to simplifying and harmonizing existing ones.
The Communication highlights an ongoing effort to simplify record-keeping under the GDPR, as part of a broader goal of reducing regulatory burden. The EU further aims for a more harmonized implementation and enforcement of the GDPR to ensure a level playing field across the Single Market and to combat fragmentation. The aim is to simplify the practical application of the rules for companies.
The Communication mentions AI Act as an example of the EU providing a stable and secure framework for companies developing and operating digital technologies in the Single Market. Now, the EU intends to shift the focus to enabling the practical application of the Act and not the creation of new rules. Initiatives like AI Factories and the proposed EU Cloud and AI Development Act aim to streamline access to computing power for start-ups, researchers, and industry, helping them train and improve AI models without unnecessary complexity. This is aimed at nurturing tech talent and accelerate industrial AI development in sectors such as manufacturing, energy, and robotics.
Like the AI Act, the Cyber Resilience Act is mentioned as part of the EU's efforts to create a stable and secure framework for digital technologies in the Single Market. The Communication suggests that the EU's focus is now on practical implementation of the legislation to derive productivity gains from technology. It further discusses the importance of protecting digital and physical infrastructure from cyber threats and ensuring security is integrated into policies
Like the AI Act and Cyber Resilience Act, the Data Act is seen by the Commission as a measure that has influenced the evolution of the global regulatory framework. Similarly, the focus is now on Focus on enabling tech talent and practical implementation of the Data Act. The Commission will propose a Data Union Strategy to improve and facilitate secure private and public data sharing, with the aim of simplifying the regulatory regime and its application, and accelerating the development of new systems or applications.
The EU’s regulatory landscape is evolving rapidly, with new acts potentially reshaping compliance requirements. At Streamlex, we monitor these developments closely, providing real-time updates and convenient access to EU digital laws. Subscribe to Streamlex newsletter to stay ahead of digital compliance updates!