Advisory Meeting of the ALI-ELI Principles for a Data Economy Project

08.10.2020

On 8 October 2020, the Director of the American Law Institute, Richard Revesz, chaired the virtual meeting with Advisory Committees and MCG/MCC of the ALI-ELI Principles for a Data Economy Project.

Since the approval of Council Draft No 1 by the ALI Council in January 2020, the Reporters Neil Cohen and Christiane Wendehorst, supported by Project Chairs Steven O Weise and Lord John Thomas,  have been working on Preliminary Draft No 4. This Draft contains additional Principles, such as on contracts for data pooling, data trust and data escrow, data marketplaces, data rights for the public interest, third party aspects of data activities and multi-state issues. These new Principles were favourably received by the 50 participants in the virtual meeting, and the Chairs and Reporters are looking forward to using the valuable guidance received on 8 October to complete Council Draft No 2 and present it at the ALI Council Meeting in January 2021.

While still unpublished, some elements of the Drafts produced so far have already found international recognition. Inter alia, the concept of co-generated data has been adopted by the German Data Ethics Commission in its opinion and by the European Commission in its European Strategy for Data.