ACCC chair Rod Sims continues focus on marketplace power of Google & Facebook
Apple and Google may be facing further regulation if regulators across the world get their way according to a recent speech by Australian Competition and Consumer Commission (ACCC) chair Rod Sims.
In a speech to the Global Competition Review webinar Sims said the ACCC was closely monitoring moves by overseas governments and regulators that aimed to address competition and consumer concerns similar to those identified in the ACCC’s report. This includes US legislation introduced last week to address anticompetitive behaviour by dominant mobile app marketplaces.
“It is an exciting and challenging time to be a competition enforcer and regulator. There is much work underway in many jurisdictions to address the impact of the dominant digital platforms, whose global presences requires a global response,” Sims said.