In brief: Australian regulator to police Facebook, Google with new office
- Australia said it would establish a dedicated office within an antitrust regulator to police Facebook and Google, Reuters reported.
- Canberra would form a special branch of the Australian Competition Consumer Commission (ACCC) to scrutinize how the companies used algorithms to match advertisements with viewers.
- The new office was one of 23 recommendations by ACCC, including strengthening privacy laws, protections for the news media, and creating a code of conduct to govern how internet giants profit from users’ content.
- Just this month, Facebook was fined US$5 billion by the US Federal Trade Commission for failing to tell users how it was using their private information.
Editing by Charmaine de Lazo
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