Europe’s data protection laws cut data storage by making information-wrangling pricier

February 21, 2024 at 02:32AM Europe’s GDPR has reduced data storage and processing for European firms due to increased data management costs. The NBER paper, “Data, Privacy Laws and Firm Production: Evidence from the GDPR,” by economists Mert Demire, Diego J Jiménez Hernández, Dean Li, and Sida Peng, examines the GDPR’s impact on costs, revealing … Read more