Australia tells Facebook and Google to commit to competition rules, or else
Topics: AUSTRALIA FACEBOOK GOOGLE COMPETITION
Prime Minister Scott Morrison said the Australian Competition and Consumer Commission (ACCC) will create a code of conduct to address complaints that the technology companies have a stronghold on advertising, the main income generator of local media operators.
The guidelines will ensure substantial market power is not used to lessen competition in media and advertising services markets.
“I want us to be the model jurisdiction in the world for how we are dealing with digital platforms, social media platforms,” Morrison told reporters in Melbourne. ■