The European Parliament approved regulation prohibiting national data localization requirements, Telecompaper reports. The bill has been created to complement the EU General Data Protection Regulation and targets non-personal data, such as machine-generated or commercial information. The legislation allows the proper authorities to have access to processed data from another EU member state for regulatory control purposes. The rule needs to receive formal approval from the Council of the European Union and is expected to be in effect by the end of the year. "This legislation is truly a game changer, potentially providing enormous efficiency gains for both companies and public authorities," MEP Anna Maria Corazza Bildt said. "It will reduce data protectionism, which is threatening the digital economy, and pave the way for artificial intelligence, cloud computing and big data analysis."
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