Study on the economic impact of a legislative requirement for the right to data portability in Singapore

competition-regulation-and-business||0data-technology||0ict||55privacy||55public-policy||0
Practice area: Competition & Antitrust | Data & technology | ICT | Privacy and security | Public Policy
Client: Singapore Personal Data Protection Commission (PDPC)
Published: 25 February, 2019
Keywords:

Singapore’s Personal Data Protection Commission (PDPC) commissioned London Economics to conduct a study of the issues surrounding a potential data portability requirement in Singapore, including the impact on consumers, businesses and competition. LE provided a theoretical framework for understanding the economic effects of data portability and carried out a review of data portability rules in Europe (Article 20 GDPR), Australia (consumer data right), New Zealand, Canada, Hong Kong, Japan, South Korea and the USA, and of sector-specific initiatives, notably open banking in the UK. The potential impact on businesses in Singapore was explored through consultations with a representative organisations. The PDPC published the results of this study as a discussion paper in collaboration with the Competition and Consumer Commission of Singapore.