After years of consultation and deliberation, the federal government has quietly agreed to a suite of robust new competition and consumer regulatory powers and tools targeted at the big digital platforms.
Without fanfare, Treasury late last week announced, via its website, the government’s in-principle support for powers the Australian Competition and Consumer Commission has been lobbying for since well before the pandemic.
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Tom Burton has held senior editorial and publishing roles with The Mandarin, The Sydney Morning Herald and as Canberra bureau chief for The Australian Financial Review. He has won three Walkley awards. Connect with Tom on Twitter. Email Tom at tom.burton@afr.com
