ACCC says ‘critical need’ for regulatory reform against tech giants

As tech giants including Amazon, Apple, Google, Meta and Microsoft continue to expand their digital platforms, there is a critical need for regulatory reform, according to the Australian Competition and Consumer Commission’s (ACCC) latest report.

The report examined the strategies of the five platforms, and found that “their expanding reach into our daily lives and livelihoods – via multiple interconnected products and services – is exacerbating risks of harms to competition and consumers”.