Big tech faces tough new laws in ACCC plan

Original article by John Davidson
The Australian Financial Review – Page: 20 & 22 : 7-Sep-21

The Australian Competition and Consumer Commission is looking at what is known as ‘ex ante’ regulation as part of its plans to clamp down on the anti-competitive behaviour of big technology companies like Google and Apple. ‘Ex ante’ regulation involves banning certain anti-competitive behaviour before it happens, rather than after the event, and it already exists in the telecommunications and electricity sectors. The US, Britain and Japan are among a number of jurisdictions looking at ‘ex ante’ regulation of large technology companies, while Jacqueline Downes from law firm Allens says laws banning certain tech industry practices would be easier and quicker to enforce than current competition laws, which she says can be slow to prosecute.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, APPLE INCORPORATED, ALLENS

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