On July 1, the California Attorney General’s Office can begin enforcing the California Consumer Privacy Act. But some companies may still be struggling with one requirement in particular. The CCPA mandates businesses publicly disclose the value that consumer data holds to their operation. But chances are that many organizations don’t have an exact dollar figure lying around somewhere.
The “financial incentives” requirement stems from a second round of CCPA revisions that were published by California’s attorney general in March. It prohibits businesses from offering a different price or service based on a consumer’s willingness to exchange personal data, unless that difference is “reasonably related to the value of the data.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Advance® Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
