Stringent federal data privacy laws in the United States are associated with compliance costs and market inefficiencies. Based on August 2019 data, requiring data protection officers for U.S. entities that handle personal data would reach around 6.4 billion dollars per year. Total annual costs associated with regulatory compliance would be roughly 12.2 billion dollars.
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ITIF. (August 5, 2019). Estimate of costs associated with unnecessarily stringent federal data privacy law in the United States as of August 2019 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1046519/estimated-costs-stringent-federal-data-privacy-law-usa/
ITIF. "Estimate of costs associated with unnecessarily stringent federal data privacy law in the United States as of August 2019 (in million U.S. dollars)." Chart. August 5, 2019. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1046519/estimated-costs-stringent-federal-data-privacy-law-usa/
ITIF. (2019). Estimate of costs associated with unnecessarily stringent federal data privacy law in the United States as of August 2019 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1046519/estimated-costs-stringent-federal-data-privacy-law-usa/
ITIF. "Estimate of Costs Associated with Unnecessarily Stringent Federal Data Privacy Law in The United States as of August 2019 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 5 Aug 2019, /statistics/1046519/estimated-costs-stringent-federal-data-privacy-law-usa/
ITIF, Estimate of costs associated with unnecessarily stringent federal data privacy law in the United States as of August 2019 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1046519/estimated-costs-stringent-federal-data-privacy-law-usa/ (last visited July 29, 2026)
Estimate of costs associated with unnecessarily stringent federal data privacy law in the United States as of August 2019 (in million U.S. dollars) [Graph], ITIF, August 5, 2019. [Online]. Available: /statistics/1046519/estimated-costs-stringent-federal-data-privacy-law-usa/
