Information Spatial Conversion, Commercial Information Turnover – Development of the Data Market and its Localization Control

Relevance. Recently, at the level of international law and the legislation of individual states, an active search has been conducted for new approaches to protecting the rights and freedoms of users in information networks, which is a vulnerable participant in the information turnover market. In the Russian civil doctrine, the issue of organizing legal protection of a user whose data, including personal data, is processed by commercial organizations for the purpose of further profit-making is insufficiently developed. The lack of modern conceptual approaches does not allow us to qualitatively change the current legislation and harmonize the scope of rights of all participants in the commercial circulation of information.
The purpose of the work is to study the commercial turnover of information in information networks, its economic value and methods of legal control of information processing.
Objectives: to analyze the features and differences of information and telecommunications technologies; to assess the economic feasibility of information turnover; to form proposals for changing the current legislation in the field of legal regulation of information markets.
Methodology. In the process of working on the research, general scientific research methods and methods inherent in modern private law science were used. We are talking about the use of methods of analysis and synthesis of information, data interpretation. The analysis of the current legislation in the field of commercial turnover of information is made.
Results. The legal differences between information and telecommunications technologies provided for by the legislation of the Russian Federation are determined. The economic significance of information turnover in the information markets is determined. The legal problem of information spatial conversion and its legal control is indicated.
Conclusion. The conducted research provides the basis for an unambiguous conclusion about the lack of necessary legal mechanisms for controlling the turnover of information and insufficient protection of the rights of the owners of the processed information. On the need to implement the legal modernization of the institute of "data localization".

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