ACCC preliminary report into tech giants could be a ‘game-changer’

The Australian media industry has commended the efforts of the Australian Competition and Consumer Commission (ACCC), for its “thorough” review into the market power of the tech giants.

News Corp, Nine, Seven and Ten were among those who recognised the efforts of the ACCC’s preliminary Digital Platforms Inquiry report, released yesterday, which includes 11 preliminary recommendations and another nine areas where further analysis and assessment is required.

Among the recommendations were an investigation and reporting on the commercial arrangements used by digital platforms, to assess the impact they have on ranking and display of ads and news content, amendments to merger laws, advanced notice of business acquisitions, and a separate, independent review to identify unnecessary regulation for Australian publishers, broadcasters and other media businesses.

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