Australia said it would establish the world's first dedicated office within...
), setting a precedent for global lawmakers grappling with the U.S. technology giants’ dominance.
The move outlined in a groundbreaking report tightens the regulatory screws on the technology behemoths, which have governments from the United States to Europe scrambling to address concerns ranging from anti-trust issues to alleged political bias to the spread of “fake news” and hate speech. Australian Treasurer Josh Frydenberg said Canberra would form a special branch of the Australian Competition Consumer Commission , the antitrust watchdog, to scrutinize how the companies used algorithms to match advertisements with viewers, giving them a stronghold on the main income generator of media operators.
Setting up a new regulatory office was one of 23 recommendations in the report, which outlined sweeping proposals to overhaul the country’s laws and regulations to rein in the power of the U.S. tech giants.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
DOJ launches antitrust probe of Silicon Valley as FTC's Facebook settlement loomsThe Justice Department launched a sweeping antitrust review of the nation's biggest online platforms a day before the FTC is expected to announce a $5 billion settlement with Facebook for alleged privacy violations
Baca lebih lajut »
Facebook earnings include admission of two antitrust probes and billions in fines, but stock barely hurtShares of the social-networking behemoth dip slightly in the extended session Wednesday after it announced second-quarter results that beat analysts’...
Baca lebih lajut »
Facebook discloses FTC antitrust investigation underwayFacebook acknowledges the FTC opened an antitrust investigation into the company last month
Baca lebih lajut »
Facebook tops revenue estimates as FTC opens new antitrust probeThe social network giant has been unhindered so far, despite new constraints and criticism.
Baca lebih lajut »
Privacy Case Settled, Facebook Discloses FTC Antitrust ProbeFacebook says it is under antitrust investigation by the Federal Trade Commission. The company made the announcement just hours after the agency slapped it with a record $5 billion fine and new oversight on its privacy practices.
Baca lebih lajut »