Original article by Kevin Rudd
The Australian Financial Review – Page: 39 : 8-Feb-21
Rupert Murdoch’s News Corporation controls 70 per cent of print readership in Australia, and his power is arguably set to increase under the Australian Competition & Consumer Commission’s proposed news media bargaining code. ACCC chairman Rod Sims has become so fixated about new digital technology monopolies that he seems to have forgotten about Murdoch’s existing one. The code will see Google and Facebook compelled to pay for Fox News-style clickbait, while it is high time there was a royal commission to look at both existing and new media monopolies.
NEWS CORPORATION – ASX NWS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, FOX NEWS, SKY NEWS