>> Having these data in open access would increase the speed and quality of innovation in all areas.
The phrase "these data, produced by everyone" suggests that this is about personal data, like the data that is used by large corporations to profile users and target advertisement at them. So it's not, or not only scientific data, as the term is normally used.
In that case, then the problem is not how this data is used- it is that it is being collected and retained, in the first place. In other words, the consideration is privacy, not the motive for profit. Opening access to this data will not really do anything to ensure users' privacy. Quite the opposite. It will just make their data freely available to anyone who might want it for any reason at all.