By Ryan Cropp ( October 31, 2024, 05:36 GMT | Insight) -- Australia’s fledgling data-portability system will remain underutilized unless businesses and policymakers can come up with compelling use cases to drive consumer demand, says a top competition official. Speaking at a conference in Sydney today, Peter Crone, a senior official at the Australian Competition & Consumer Commission, said that despite a recent uptick in use by fintechs and smaller energy companies, the Consumer Data Right needed to shift its focus towards consumer demand.Australia’s fledgling data-portability system will remain underutilized unless businesses and policymakers can come up with compelling use cases to drive consumer demand, says a top competition official....
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