Europe, facing regulation of the data economy: The dangers of a late, incomplete response

data-economy

The regulatory offensive being done by the European Union with the so-called ‘gatekeepers’ of the digital economy – the large Internet platforms – just might be a before and after in the unbalanced market position these enjoy. However, both the Digital Services Act and Digital Markets Act ignore a key element in regulating the use and exchange of personal data: an economic calculation of the consumer-digital relationship. 

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