Definition: The principle of Fair Competition in European Data Sharing ensures that all participants have equal opportunities and are subject to the same rules and regulations when accessing and utilizing shared data. It promotes a level playing field for businesses and organizations, preventing unfair advantages or monopolistic practices. Source: European Commission Source reference: https://ec.europa.eu/info/strategy/priorities-2019-2024/europe-fit-digital-age/european-data-strategy_en Last modification: 2024-03-17 Identifier: http://data.europa.eu/dr8/egovera/FairCompetitionPrinciple LOST view: Architecture Principles view EIRA concept: eira:ArchitectureBuildingBlock Additional identifier: http://data.europa.eu/dr8/egovera/FairCompetitionPrinciple Title: Fair Competition Example: An example of the application of Fair Competition in European Data Sharing is when a data-sharing platform provides equal access to all participants, regardless of their size or market position. This ensures that startups and smaller businesses have the same opportunities as larger corporations to utilize shared data for product development, market analysis, or improving their services. Additionally, Fair Competition principles may include regulations to prevent data monopolies or anti-competitive behavior, such as prohibiting exclusive data-sharing agreements that limit access for certain competitors. Additional information: Fair Competition is a fundamental principle in the European Data Sharing framework, aiming to foster innovation, encourage market diversity, and prevent anti-competitive behavior. It ensures that data sharing practices do not lead to the creation of monopolies or unfair market advantages for certain entities. By promoting fair competition, the European Union aims to create an environment that benefits both businesses and consumers, fostering economic growth and innovation. EIF Layer: N/A ABB Specialised: http://data.europa.eu/dr8/ArchitecturePrinciple ABB name: eira:FairCompetitionPrinciple