The Australian Competition and Consumer Commission has announced the finalization of rules for the country's Consumer Data Right, ZDNet reports. The final rules paved the way for the law to take effect Wednesday. The CDR, originally proposed in November 2017 and introduced to Parliament in July 2019, gives users a level of ownership over their data and the ability to dictate which companies can access that data. The law and its rules will first touch the banking industry before moving to telecommunications and energy.
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