Faaez Samadi
Dec 5, 2017

Australian watchdog opens Facebook, Google market-power inquiry

The country’s competition and consumer authority is examining digital platforms and their effect on media and advertising.

The Australian Competition and Consumer Commission has launched an official inquiry into the likes of Google and Facebook to see whether digital platforms are having an adverse effect on competition in the media and advertising industries.

Specifically naming the duopoly in its announcement, the ACCC said it is looking into “whether platforms are exercising market power in commercial dealings to the detriment of consumers, media content creators and advertisers”. The scope includes search engines, social-media...

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