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ACCC prepares second assault on Facebook, Google

Aaron Patrick

The failure of a landmark anti-monopoly case against Facebook by the US Federal Trade Commission will not stop global regulators from waging an aggressive campaign against the social media giant over the next two years, Australian Competition and Consumer Commission chairman Rod Sims has said.

Rod Sims says Facebook and Google have breached the legal test in Australia of holding “a substantial degree of power”.  Dominic Lorrimer

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Aaron Patrick was a senior correspondent at The Australian Financial Review.

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    Original URL: https://www.afr.com/technology/accc-prepares-second-assault-on-facebook-google-20210705-p586ww