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Facebook, Google brace for the release of Australia’s ground-breaking digital platforms report
14 June 2019 00:00
It has been a year and a half since the Australian government told its competition watchdog to investigate the impact of digital platforms including Facebook and Google on the country’s media and advertising issue, and now the regulatory is preparing to hand its final report to government. Among the expected recommendations are the creation of a digital-platforms regulator, or an expanded role for existing regulators to take on the technology giants, along with tighter privacy protections and clearer guidelines to oversee acquisitions of nascent rivals by established online platforms. What started off as a narrowly focused examination of the decline of the newspaper industry has ballooned into a comprehensive list of regulatory remedies to counter the platforms growing presence on different Australian markets.
Calls for the establishment of a digital regulator to monitor Facebook and Google’s use of algorithms in ranking online content are expected to feature prominently in the final report on Australia’s world-first inquiry into the impact of digital platforms on the advertising and news industries.