Australia’s Consumer Data-Sharing Regime: A World-Leading Reform

39 Pages Posted: 25 Feb 2022

See all articles by Ross P. Buckley

Ross P. Buckley

University of New South Wales (UNSW) - UNSW Law & Justice

Natalia Jevglevskaja

UNSW Law Faculty

Date Written: January 1, 2022

Abstract

The Consumer Data Right (‘CDR’) regime introduced in Australia in 2019 is worldleading and could promote much-needed competition in major sectors of the economy and reinvigorate a waning commercial morality. As with virtually all potentially transformative innovations, however, the challenges are many and, in this case, include the need to rigorously protect consumer data without imposing regulatory burdens that could deter new market entrants. The success of CDR will require a careful and ongoing balancing of risks and benefits. We analyse its extraordinary potential and argue for nuanced regulation and timely and extensive consumer education by government and industry.

Keywords: Data-sharing, APIs, Consumer data, Competition, Data protection, Consumer protection

Suggested Citation

Buckley, Ross P. and Jevglevskaja, Natalia, Australia’s Consumer Data-Sharing Regime: A World-Leading Reform (January 1, 2022). University of New South Wales Law Journal, Forthcoming, UNSW Law Research Paper No. 22-2, Available at SSRN: https://ssrn.com/abstract=4042404

Ross P. Buckley (Contact Author)

University of New South Wales (UNSW) - UNSW Law & Justice ( email )

Sydney, New South Wales 2052
Australia

Natalia Jevglevskaja

UNSW Law Faculty ( email )

Kensington, 2052
Australia

HOME PAGE: http://unsw.edu.au/law-justice

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