Vlog on European Privacy Law & Global Markets for Data with Professors Christian Peukert & Stefan Bechtold

In their recently published paper external page European Privacy Law and Global Markets for Data external page Christian Peukert (HEC), Stefan Bechtold (ETH Zurich), external page Michail Batikas (ESC Rennes School of Business) and external page Tobias Kretschmer (LMU) demonstrate how privacy law interacts with competition and trade policy in the context of the European General Data Protection Regulation (GDPR). They followed more than 110'000 websites for 18 months to show that websites reduced their connections to web technology providers after GDPR became effective, especially regarding requests involving personal data. This also holds for websites catering to non-EU audiences and therefore not bound by GDPR. They further document an increase in market concentration in web technology services after the introduction of GDPR. While most firms lose market share, the leading firm, Google, significantly increases market share.

In the new episode of CLE's vlog and podcast series, Professors Christian Peukert and Stefan Bechtold discuss their findings.