Financial Review: Media chiefs demand ‘urgent’ curb of big tech
Ten of Australia’s most powerful media executives and industry body chiefs have called on the Albanese government to establish new competition laws to stop big tech companies stifling rivals.
A year after the Australian Competition and Consumer Commission released a Digital Platforms Inquiry report saying it was concerned about “significant consumer and competition harms” caused by companies such as Google, Apple and Meta, media executives say the need for new laws is now “urgent”
“As is the case for many households, Australian businesses rely on the services provided by large digital platforms such as Google and Meta,” the executives say in a two-page letter to Assistant Treasurer Stephen Jones and Communications Minister Michelle Rowland.