Data Cartels

Wired has published an excerpt from Sarah Lamdan’s Data Cartels: The Companies That Control and Monopolize Our Information:

You might not be familiar with RELX, but it knows all about you. Reed Elsevier LexisNexis (RELX) is a Frankensteinian amalgam of publishers and data brokers, stitched together into a single information giant. There is one other company that compares to RELX—Thomson Reuters, which is also an amalgamation of hundreds of smaller publishers and data services. Together, the two companies have amassed thousands of academic publications and business profiles, millions of data dossiers containing our personal information, and the entire corpus of US law. These companies are a culmination of the kind of information market consolidation that’s happening across media industries, from music and newspapers to book publishing. However, RELX and Thomson Reuters are uniquely creepy as media companies that don’t just publish content but also sell our personal data.

Submitted by jboy