Google and Facebook are facing a privacy crackdown with increased penalties for breaches, sweeping changes to merger laws as well as tougher regulatory oversight over their market power in advertising and the distribution of news.
The Australian Competition and Consumer Commission's Digital Platforms Inquiry draft report was released on Monday with a set of 11 recommendations aimed at reducing the market power of Facebook and Google.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
