The growing power of Facebook, Google and other tech companies as they swallow smaller rivals has Australia’s competition watchdog, the ACCC, worried about the threat to consumer data and privacy. Speaking at the Consumer Policy Research Conference Conference in Melbourne today, Australian Consumer and Competition Commission chair Rod Sims said Google and Facebook “are essentially… Read more »
Google and Facebook perform a “critical role” in enabling businesses to reach consumers, however the way their algorithms work to order content is unclear, according to the ACCC.
TPG is the third internet service provider to be pulled up for misleading customers about its NBN services, with the ACCC announcing the company will compensate almost 8,000 customers.
The ACCC is launching an inquiry into the impact of digital platform providers like Facebook and Google on competition in the media and advertising markets.