Data-driven Value Extraction and Human Well-being under EU Law

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Abstract

In this article, we explore the intersection between data protection law and consumer protection law in their application to data-driven business models that monetise attention and personal data. We approach European Union law from a constitutional perspective, as in addition to economic harms some aspects of predatory business models also pose a risk for human dignity, human well-being, social welfare and democracy. From a three-tiered model of information asymmetry, it is argued that there is a need to rethink consumer protection in order to restore some sense of equity in commercial interactions online. In that vein Social welfare computing can play an important role in combating superficiality and strengthening social cohesion.
Original languageEnglish
JournalElectronic Markets
Number of pages12
ISSN1019-6781
DOIs
Publication statusPublished - 7 Apr 2022

Keywords

  • Data-driven business model
  • Social welfare computing
  • Human well-being
  • Privacy
  • Data protection law
  • Consumer protection law

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