Australia tells Facebook and Google to commit to competition rules, or else

Australia tells Facebook and Google to commit to competition rules, or else

Australia said on Thursday technology giants such as Facebook Inc and Google will have to agree to new rules to ensure they do not abuse their market power and damage competition, or the government will impose new controls on them, Trend with reference to Reuters reports.

Prime Minister Scott Morrison said the Australian Competition and Consumer Commission will create a code of conduct to address complaints that the technology companies have a stronghold on advertising, the main income generator of local media operators.

The guidelines will ensure substantial market power is not used to lessen competition in media and advertising services markets.

“I want us to be the model jurisdiction in the world for how we are dealing with digital platforms, social media platforms,” Morrison told reporters in Melbourne.

The move tightens the regulatory screws on the online platforms, which have governments from the United States to Europe scrambling to address concerns ranging from anti-trust issues to the spread of “fake news” and hate speech.

Australia’s government said technology companies would need to agree to the new rules by November 2020 or it will impose them.

“The companies are on notice. The government is not messing around. We will not hesitate to act,” Australian Treasurer Josh Frydenberg told reporters.

Google and Facebook both said they support greater competition and will work closely with the ACCC.

“We support a sustainable news ecosystem which is why we work with publishers to help them reach new audiences,” Mia Garlick, director of policy, Australia and New Zealand at Facebook, said in an emailed statement.

Google and Facebook have opposed tighter regulation, while traditional media owners, including Rupert Murdoch’s News Corp, have backed reform.

“It’s great the government is making a serious attempt to address the deep-rooted dominance of the online tech and streaming giants,” said Paul Anderson, chief executive of Australia’s Network 10.

Australia has for months signaled its intentions to get tough on the technology behemoths.

In July, Australia became the first in the world to establish a special branch within the ACCC, tasking it with scrutinizing how the companies used algorithms to match advertisements with viewers, giving them a stronghold on the main income generator of media operators.

In April, Australia passed new rules that could fine social media and web hosting companies up to 10 percent of their annual global turnover and imprison executives for up to three years if violent content is not removed “expeditiously”.

Coronavirus vaccine could be available in 90 days - Israeli scientists
Coronavirus vaccine could be available in 90 days - Israeli scientists
Israeli returning from Italy diagnosed with coronavirus
Israeli returning from Italy diagnosed with coronavirus
El Al suspends flights to Italy and Thailand
El Al suspends flights to Italy and Thailand
Loading Bars
Latest
Pompeo will take part in signing of US peace deal with Taliban - Trump
Iran rejects BBC Persian report of at least 210 coronavirus deaths
Coronavirus vaccine could be available in 90 days - Israeli scientists
Protesters start fire near Paris Gare De Lyon railway station
Report on occupation of Nagorno-Karabakh circulated as official UN document
15 killed, over 30 injured after train hits bus in southern Pakistan
Over 4,000 Azerbaijanis already expelled from Armenia before 1988 Sumgayit events - historian
Alessandra Todde: Purpose of Italy-Azerbaijan co-op - to strengthen activities in energy sector
Some Azerbaijani citizens still visit Iran despite warnings
ICRC reps once again visit Azerbaijani hostages
Iranian parliament suspends activity
Azerbaijani energy minister talks completion of last project within SGC
Nationwide school closure in Iran extended due to coronavirus spread
Turkmenistan to introduce e-document management system by 2021
Southern Gas Corridor at completion stage - Klaus-Dieter Borchardt
Uzbekistan plans to sell shares of some large enterprises
Azerbaijan's Faydali looking to expand manufactured goods range
People arriving in Azerbaijan checked in two stages - Coronavirus headquarters
Use of financial technologies increasing in Azerbaijan
Three quarantine zones created in Azerbaijan due to coronavirus threat
Azercell - proud partner of National Olympic Committee, National Olympic Team (PHOTO)
TRACECA reviews plans on modernization of transport, logistics infrastructure
Аnkara may close Turkish gulfs to Russian ships – media
Witness of events: Armenians beat and insulted Azerbaijanis even before Sumgayit events
Global oil & gas industry deals down in value
State Oil Fund of Azerbaijan talks currency distribution of investment portfolio
Presenting one of highest papal awards to First VP Mehriban Aliyeva is victory of Azerbaijani multiculturalism: Russian MP
UAE interested in developing Turkmenistan’s biggest gas field
Georgia suspends freight transportation to Italy and Iran amid coronavirus outbreak
Cargo transshipment volume via Turkish Karabiga port revealed
Volume of diesel fuel transshipment via Turkish ports disclosed
Coronavirus hotline created in Azerbaijan
Money supply in Azerbaijan increases
Gaffney, Cline & Associates analyzes new geophysical data in Turkmen part of Caspian Sea
Bulgaria approves draft labor migration agreement with Turkmenistan
Kazakh president says current coronavirus situation 'alarming'
Georgia’s Kutaisi International Airport to increase number of passengers
Turkmen deputy prime minister expected to to visit Qatar
Official talks about possible quarantine of entire Iranian cities due to coronavirus
Member of Tehran City Council: up to 15,000 people might be infected with coronavirus in Iran
Iran sees little success battling coronavirus; disease continues to spread
Coronavirus outbreak 'getting bigger' after Nigeria case - WHO
Executive director talks on expansion prospects of Interconnector Greece-Bulgaria
CNPC investments value in Turkmenistan's Bagtyyarlyk contract area revealed
IGB’s Commercial Operation Date announced
More Georgian villages to enjoy special financial benefits
Kazakh KazMunayGas subsidiaries sign various agreement to substitute import
Uzbek-Korean JV announces tender for supply of butene
EBRD to finance construction, reconstruction of Uzbek roads
OPEC leaning towards larger oil cuts as virus hits prices, demand
14-year-old Azerbaijani chess player wins Aeroflot Open 2020 International Festival in Moscow
Volume of cargo transshipped via Turkish Port of Gulluk revealed
Volume of cargo transshipped via Turkish ports by Moroccan vessels in January disclosed
Volume of bentonite transshipment via Turkish ports disclosed
Turkish ministry on amount of aviation fuel transported via Turkey's ports
Turkey sees growth in number of tourists from Kazakhstan
Uzbek-Indian seed-growing enterprise to be established in Uzbekistan
Elmar Gasimov meets with Rector of Istanbul Technical University (PHOTO)
U.S. asks its military in Saudi Arabia to avoid crowded venues as coronavirus spreads in neighboring countries
Turkey - Azerbaijan trade turnover increases
Geneva car show canceled due to corona woes
BSTDB transfers funds to SOCAR AQS for purchasing production equipment
Turkey discloses cargo transshipment via Port of Samsun
Uzbekistan's Ministry of Energy talks co-op with foreign companies
Volume of phosphoric acid transshipment via Turkish ports in January 2020 revealed
Putin, Erdogan discuss Syria’s Idlib over the phone
Aramco secures unconditional EU okay for $69 billion SABIC deal
Volume of cargo transshipped from Spain via Turkish ports revealed
Implementing Kars-Igdir-Nakhchivan railway project to raise Azerbaijan’s export potential
Volumes of cargo transshipment via Turkish port of Bandirma revealed
Iran to facilitate export of goods via Khorasan Razavi borders
Volume of cargo transshipped from Lithuania through Turkish ports publicized
Turkey discloses volumes of benzene transhipment through its ports in Jan. 2020
Effect of large-scale reforms on energy sector of Uzbekistan
Number of vehicles in Turkey significantly increases
Second case of coronavirus confirmed in Georgia
Operational Headquarters records 1st coronavirus infection case in Azerbaijan
Coronavirus death toll in Iran rises to 34
Deadline for construction wrap up in Baku's New Gunashli settlement disclosed
Uzbekistan, US Interpol discuss creating channel for direct information exchange
Turkey's foreign trade turnover increases
Microsoft Azerbaijan talks about plans, prospects for ICT development
Georgian economy up in January
President Ilham Aliyev offers condolences to Turkish counterpart
Number of Azerbaijani startups operating in Silicon Valley revealed
Transport corridors to allow Azerbaijan meet needs of emerging hydrocarbon markets
IAP's funding by European Commission under specific programs could be explored
SOFAZ unveils budget revenues, expenditures
Microsoft Azerbaijan GM talks Windows OS vulnerabilities in Azerbaijan
Eni sees decline in natural gas sales
Eni boosts oil and natural gas production
Kazakh-Chinese oil and gas company opens tender for equipment maintenance
Volumes of fuel oil transshipment via Turkish ports revealed
Kazakhstan significantly increases export of goods to Turkmenistan
Turkey to supply modern weapons and military equipment to Azerbaijan
Natia Turnava: Close Georgian-Azerbaijani relations contribute to development of joint projects
EasyJet to cancel flights as coronavirus hits demand
Number with coronavirus rises to 45 in Kuwait as two more cases detected
EU sees risk of slide into major international conflict in Idlib
NATO envoys to meet to discuss Syria at Turkey's request
All news