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Meeco flips that model entirely around so that the individual is an equal participant in the value created, controlling the use of his or her personal data derived from every day occurrences and transactions. , Guardian (June 7, 2017), [ (discussing consumption, health and biometric data, and IOT devices). Today, companies have developed various approaches to monetizing consumer data and privacy to exploit the rising data gold rush and corresponding demands for more privacy. Mc Connell regarding the Congressional Review Act resolution to disapprove of the FCC privacy rules); see also 5 U. The repeal of the FCC Rules is concerning in light of the common carrier exemption under the Federal Trade Commission Act and ongoing litigation challenging the FTC’s ability to regulate certain potentially harmful practices of common carriers. The PDE is a “user-centric” data concept that permits “individuals [to] take ownership of their information so they can share it with businesses on their terms.” Mobile Ecosystem Forum, Understanding the Personal Data Economy: The Emergence of a New Data Value-Exchange 3 [hereinafter MEF White Paper], (last visited July 28, 2017).Liz Leigh, Meeco Is a Life Management Platform that Gives Users Total Control of Their Data, Startup Daily (Apr. Regulating the Internet Giants: The World’s Most Valuable Resource Is No Longer Oil, but Data, Economist (May 6, 2017), [ NRW8-DG7T] [hereinafter Regulating the Internet Giants]. 849, 865 (2014) (discussing Google’s business model). Steve Kroft, The Data Brokers: Selling Your Personal Information, CBS News (Mar. Julie Brill, Demanding Transparency from Data Brokers, Wash. 15, 2013), 08/15/00609680-0382-11e3-9259-e2aafe5a5f84_story.html? The discount pay-for-privacy (PFP) approach—which requires consumers to pay higher fees to avoid data collection and targeted advertisements while offering discounts to consumers who consent to these practices—is the latest business scheme to receive widespread attention. 88 (codifying a joint resolution disapproving of the FCC “Broadband and Telecommunications Services” privacy rules). In the last few years several domestic and foreign Internet start-ups, such as Datacoup, Digi.me, and Meeco, have emerged with the stated goal of allowing consumers to choose what data they share and disclose to businesses.
What legal frameworks should be used to structure and govern agreements between PDE companies and consumers? 1125, 1137 (2000) (describing a licensing framework for the privacy market prior to the rise of the PDE); Abraham & Oneto, supra note 28, at 4 (hypothesizing a world of personal data markets).“XBRL is the ideal standard for Orange Button given the need for consistent, comparable financial information in solar financing,” said Campbell Pryde, President and CEO, XBRL US, “XBRL US, along with Sun Spec, has a strong interest in the success of Orange Button, and we look forward to continuing to develop, refine and expand on the taxonomy to cover more use cases, and to continue to meet the needs of the industry as they evolve.”Orange Button standards represent the life cycle phases of solar financing, including feasibility, design, construction, finance and operations.Content available during the public review includes the digital dictionary of data fields and definitions, is a national effort to drive down the cost of solar electricity and support solar adoption.If consumers are provided with a marketplace to actively monetize their own information, should restrictions be imposed on the ability of parents to monetize the data of their children pursuant to agreements with PDE companies?Should landlords be able to monetize data generated by renters to obtain discounts from companies?