Australian Watchdog Moves to Protect Consumers from Google, Facebook Influence
Google and Facebook are under fire in Australia after a preliminary report published by the Australian Competition and Consumer Commission (ACCC) which expressed its concern regarding possible abuse of power stemming from their large market share as reported by news.com.au.
The ACCC showed in their report that although the two digital platforms are significant for communication and access to information, as well as critical partners for Australian businesses, there are questions regarding their ability to favor their interests while disregarding consumers’ benefits.
“Consumers’ awareness and understanding of the extensive amount of information about them collected by digital platforms, and their concerns regarding the privacy of their data, are also critical issues,” says ACCC’s report.
Furthermore, <a … (read more)