Australia to probe Facebook, Google over media disruptionStaff Writer | December 4, 2017
Australia’s competition regulator said it would investigate whether Facebook and Google has disrupted the news media market to the detriment of publishers and consumers.
Technology The government ordered the probe
The government ordered the probe as part of wider media reforms, amid growing concern for the future of journalism and the quality of news following years of declining profits and newsroom job cuts and the rise of fake news.
“We will examine whether platforms are exercising market power in commercial dealings to the detriment of consumers, media content creators and advertisers,” Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims said in a statement.
The inquiry also would study how Facebook and Google operated to “fully understand their influence in Australia”, he added. ■