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Open Access. Powered by Scholars. Published by Universities.®

2018

Selected Works

Peter K. Yu

Law and Economics

Articles 1 - 1 of 1

Full-Text Articles in Law

The Political Economy Of Data Protection, Peter K. Yu Nov 2018

The Political Economy Of Data Protection, Peter K. Yu

Peter K. Yu

Information is the lifeblood of a knowledge-based economy. The control of data and the ability to translate them into meaningful information is indispensable to businesspeople, policymakers, scientists, engineers, researchers, students, and consumers. Having useful, and at times exclusive, information improves productivity, advances education and training, and helps create a more informed citizenry. In the past two decades, those who collected or obtained access to a large amount of data began to explore ways to use the collected data as an income stream. Because the then-existing laws did not offer adequate protection for that particular purpose, they actively lobbied for stronger …