The data is publicly available. Researchers could get it by scraping, this law says that companies must provide more convenient ways to access that public data.
This has fuck all to do with government overreach or access to private data.
I dunno. There's an argument to be made that information which one could obtain piecemeal being made easily accessible at mass scale can create a qualitatively different situation to one in which significant labor is required to acquire it.
It's not a perfect analogy, but we can consider the case of recording in public being legal and the majority of people feeling this is reasonable, versus people's gradient of unease with uniquitous CCTV surveillance, versus how people would feel if the government made sure a law that all CCTV cameras are made remotely accessible at all times.
The OP mentioned: "This provision requires large online platforms to provide researchers with immediate access to publicly available data on their platforms in order to assess systemic risks"
> So if I run a large online shop I need to provide an API so anyone can download all of my product descriptions and prices?
> If I publish an online magazine, I need to provide an API so anyone can download all the content I produce?
How is your online shop a "systemic risk" ? Moreover "large online platforms" is a clearly defined term... not your usual website
So please: keep cool... We, Europeans, are not always stupid bureaucracy lovers. Sometimes we also have good ideas to try to preserve our shared freedom and rights and democracy :-)
At first pass this comment sounds like a critique a “cynical and lazy” internet commentator wrote under willful ignorance of facts like the underlying law only applying to platforms with 45 million monthly active users in the EU.
When you come across something that makes it seem like everyone else has lost their mind, a 30 second Google search might help.
This has fuck all to do with government overreach or access to private data.