2022
DOI: 10.1287/mksc.2021.1339
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Regulatory Spillovers and Data Governance: Evidence from the GDPR

Abstract: Privacy regulation by the European Union has had effects for websites beyond the European Union and lead to an increase in market concentration of web technology vendors

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Cited by 101 publications
(53 citation statements)
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References 44 publications
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“…Actually implementing resilience is not the same as proposing its existence, akin to calculating risk and actually managing it. The choice of tools depend on which type of defence is needed 22 What matters is whether the resilience is anchored by the practical failure tolerance/recovery/preventive systems, have redundancy in the form of backup servers does not matter if the adversary also has hit them with ransomware, or if they keep on initiating attacks on the basis of errors in IoT equipment which the manufacturer is never going to patch. It is therefore paramount to understand resilience as a constant level of readiness, not as an attribute that can be put into a system and then abandoned.…”
Section: Resiliencementioning
confidence: 99%
See 1 more Smart Citation
“…Actually implementing resilience is not the same as proposing its existence, akin to calculating risk and actually managing it. The choice of tools depend on which type of defence is needed 22 What matters is whether the resilience is anchored by the practical failure tolerance/recovery/preventive systems, have redundancy in the form of backup servers does not matter if the adversary also has hit them with ransomware, or if they keep on initiating attacks on the basis of errors in IoT equipment which the manufacturer is never going to patch. It is therefore paramount to understand resilience as a constant level of readiness, not as an attribute that can be put into a system and then abandoned.…”
Section: Resiliencementioning
confidence: 99%
“…This paper does not pretend to be able to show all possible principles which could be used to regulate security, but we have selected a big handful which cover contested topics, and which the EU is uniquely placed to regulate due to the Brussels effect [11,22]. These take security and the users' seriously, and at the same time offer quite realistic and direct alternatives to the lax structure which exists currently.…”
Section: Principlesmentioning
confidence: 99%
“…Several other papers have studied the impact of the GDPR in other domains Wagman, 2018, 2020;Zhuo et al, 2021;Utz et al, 2019;Degeling et al, 2018). Peukert et al (2022); Johnson, Shriver and Goldberg (2020) show that GDPR increased market concentration amongst web technology services. Goldfarb and Tucker (2011);Johnson, Shriver and Du (2020) study the effectiveness of previous data privacy regulations on online advertising.…”
Section: Consequences Of Data Privacy Regulationmentioning
confidence: 99%
“…A prevalent theme in the economics of privacy literature consistently finds a privacy paradox -the apparent inconsistency between individual's strong stated preferences for privacy and their willingness to give away personal information at little cost(Acquisti, Taylor and Wagman, 2016). This directly implies that a natural hypothesis is that consumers may ask legislators for such privacy means but, ultimately, make little use of them.8 This concern has been raised in the recent literature(Johnson, Shriver and Goldberg, 2020;Peukert et al, 2022) and the popular press (Wall Street Journal -GDPR Has Been a Boon for Google and Facebook. Retrieved on June 2nd, 2020) which show that GDPR led to an increase in market concentration of web trackers, favoring those from Google and Facebook.…”
mentioning
confidence: 99%
“…For individual users, privacy concerns could be reduced if tracking by Facebook outside of its own platform could easily be avoided by quitting Facebook or by visiting websites without engagement buttons. While recent privacy regulations and industry changes have made third party tracking more difficult (Johnson, Shriver & Goldberg 2020, Peukert et al 2022, the reality of tracking remains much the same. Legal ascertainment of consumer consent has become more robust over time but consumers effectively still do not know they consented or have little choice.…”
Section: Introductionmentioning
confidence: 99%