Home PublicationsCommentary The GDPR Was Supposed to Boost Consumer Trust. It Has Failed.

The GDPR Was Supposed to Boost Consumer Trust. It Has Failed.

by Daniel Castro
Letters GDPR in a lock.

According to recently released survey data that was collected in November 2018, European trust in the Internet is at its lowest in a decade. These results show that the General Data Protection Regulation (GDPR)—which the EU has touted as the gold standard for data protection rules—has had no impact on consumer trust in the digital economy since it came into force last May. Moreover, these findings suggest that the conventional wisdom among EU policymakers—that more regulation is necessary to spur consumer trust and innovation in the digital economy—is fundamentally flawed and should be abandoned.

Read the full article on European Views.

Image: Pixabay

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