From the Announcement/Summary (PDF):

The Information Commissioner’s Office (ICO) is publishing the review of the strengths and weaknesses of the EU Data Protection Directive which it commissioned from RAND Europe. The RAND study concludes that, in an increasingly global, networked environment, the Directive will not suffice in the long term.

Direct to Full Text Report (100 pages)
This report was researched and written by Rand Europe.

Source: Information Commissioners Office (UK)

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