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TEHRAN, December 10 - Australia called for more strict regulations on Facebook and Google in the country’s online advertising and news markets.
TEHRAN, Young Journalists Club (YJC) - It comes days after Australia passed laws forcing tech companies to help police access private user data, and amid growing concern from authorities worldwide about the giants’ commercial behavior and distribution of so-called “fake news”.
“When you get to a certain stage and you get market power, which both Google and Facebook have, with that comes special responsibilities and that means, also, additional scrutiny,” Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims told reporters in Sydney.
He said the companies’ enormous market share - Google has a 94 percent share of web searches in Australia - and opaque methods for ranking advertisements gave the firms the ability and incentive to favor their businesses over advertisers’.
“The idea of the regulator role would be to keep an eye on that and proactively bring some transparency,” he said, adding the two firms also had outsized influence over news distribution.
Source: Reuters
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