Global digital platforms such as Google and Meta face large fines for anti-competitive behaviour, including driving up prices for advertising, under new laws proposed by the federal government.
The new regime is aimed at conduct that is anticompetitive, creates barriers to entry or exploits market power to harm Australian users of digital platform services.The government is proposing a new regime that would impose upfront rules on large digital platforms to address issues encountered by Australian consumers and businesses when using digital platforms.