Australian Competition and Consumer Commission says digital behemoths’ market power is weakening the news media
The production of news and journalism cannot be left entirely to market forces and regulation is needed to curb the power of Facebook and Google, the competition regulator says.
The ACCC chairman, Rod Sims, says the digital platforms inquiry, which delivered its preliminary report in December, revealed that the market power enjoyed by the digital behemoths was weakening Australian media.
Continue reading...from The Guardian http://bit.ly/2SE5qnM
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