Consumer Data Right

The Consumer Data Right (CDR) is a law that gives individuals more control over their personal data held by businesses. It allows consumers to access their own data, such as banking or utility information, and share it securely with other companies. This can help consumers make better choices, find better deals, and improve services. By promoting data portability and competition among businesses, the CDR aims to enhance consumer empowerment and privacy in the digital economy. It is designed to create a more transparent marketplace where individuals have the tools to make informed decisions about their data.