ACCC online report

ACCC online report

A new report by the Australian Competition and Consumer Commission has outlined concerns about the market power held by Google and Facebook.

The ACCC has reached the view that both platforms have the “ability and incentive to favour related businesses or those businesses with which they may have an existing commercial relationship,” and recommends a range of actions including investigating, monitoring and reporting on how large platforms rank and display ads and news.

Source: traveldaily