Original article by Aaron Patrick
The Australian Financial Review – Page: 3 : 6-Jul-21
Australian Competition & Consumer Commission chairman Rod Sims says a US court’s recent rejection of an antitrust case against Facebook will not deter global regulators from taking further action against digital giants. However, rather than seeking to have companies such as Facebook and Google broken up, the ACCC will use two current inquiries into digital advertising services and digital platform services to try to limit their ability to exploit their market power. Both inquiries are slated to report to the federal government in coming months.
GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION