TECH_ ACCC Digital Platforms Inquiry to recommend changes to stop tech giants’ anti-competitive behaviour

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ACCC Digital Platforms Inquiry to recommend changes to stop tech giants’ anti-competitive behaviour

Facebook and Google have been lashed in a new report calling for them to better protect Australians’ privacy and be more open about data.

Jennifer Dudley-Nicholson and Claire Bickers
News Corp Australia Network
July 26, 20193:28pm



The ACCC’s final report into its Digital Platforms inquiry will be released today. Picture: AP Photo/Jeff Chiu Source:AP


Facebook and Google will be forced to better protect Australians’ privacy and be more transparent about collecting personal data if the government adopts the findings of a “groundbreaking” consumer watchdog report handed down today.

The Australian Competition and Consumer Commission has made 23 recommendations in its 623-page final report into anti-competitive behaviour and the market power of tech giants in Australia.

The ACCC stops short of calling for tech giant Google to be broken up but has recommended Australia’s Privacy Act be strengthened and an ombudsman scheme be launched to resolve complaints and disputes consumers and businesses may have with digital platforms.

It also calls for a new code of conduct for digital giants “so that consumers can know and control what data is collected and how it is used,” Treasurer Josh Frydenberg announced today.



Treasurer Josh Frydenberg. Picture: AAP Source:AAP


“Make no mistake, these companies are among the most powerful and valuable in the world,” Mr Frydenberg said.

“They need to be held to account and their activities need to be more transparent.”

Australia’s legal and regulatory framework also needed to be updated to ensure it was “fit for purpose” to respond to the unprecedented and unforeseen growth of the social media and internet giants, Mr Frydenberg said.

“There is no option other than to put in place the right regulatory and legislative regime to protect the public’s privacy,” the Treasurer said today.

“What this report finds is that so much personal data is being collected without informed consent.

“It’s an extremely serious issue and what we’ve seen play out in the US with Facebook being fined that record amount, over $7 billion, is a reflection of how peoples’ personal data is being used often without their knowledge.”

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READ MORE: https://www.news.com.au/technology/online/social/accc-digital-platforms-inquiry-to-recommend-changes-to-stop-tech-giants-anticompetitive-behaviour/news-story/638c20871322e47928320e2b4667f153

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