Data crosses national borders routinely. And any regulation on data privacy by an individual national authority could easily have ramifications beyond its jurisdictional boundary. This article lays out some of the relevant issues and provides an argument for international coordination and...

The ubiquitous process of digitization changes economic competition on markets in several ways and leads to the emergence of new business models. The increasing roles of digital platforms as well as data-driven markets represent two relevant examples. These developments challenge competition...

Modern websites rely on personal data to analyze traffic on their websites and market them- selves. We study the European Union's General Data Protection Regulation (GDPR), which requires that sites seek user consent to process personal data like cookie identifiers and email ad- dresses. We...

The new EU General Data Protection Regulation (GDPR) establishes requirements (and certain incentives) for internal compliance mechanisms that do not exist in current legislation. These requirements, which will have an impact on internal processes and staffing of firms, such as the requirement...

This article discusses ways in which the General Agreement on Trade in Services (GATS) and post-GATS free trade agreements may limit the EU's ability to regulate privacy and personal data protection as fundamental rights. After discussing this issue in two dimensions – the vertical...

The data-driven economy has created major challenges for antitrust enforcers. While it has produced valuable new consumer services, the rise of powerful digital platforms, which still operate in a largely unregulated environment, has also created new dangers for society. In addition to the usual...

The advent of a retail central bank digital currency (CBDC) could reshape the US payments system. A retail CBDC would be a digital representation of the US dollar in the form of an account or token that is widely accessible to the general public. It would be a third form of US fiat money that is...