Pressure mounts on digital giants
Rupert Murdoch’s News Corp has called on Australia’s competition authority to break up Google, as the UK’s House of Lords recommend a digital super-regulator to oversee the tech giants.
- News Corp’s Murdoch calls for Google to be broken up
- House of Lords said: Digital self-regulation “clearly failing”
- Ofcom proposed as new digital regulator
In a report submitted to the Australian Competition and Consumer Commission (ACCC), News Corp said the “overwhelming market power” US technology giants hold must be addressed based on their global influence.
It called for urgent “regulatory oversight” to address the harms propagated from digital giants and “directly address the competition issues associated with digital platforms” and the impact this is having on news, advertising and businesses.
News Corp has submitted a list of recommendations to the watchdog in a move to tackle the harm cause by digital platforms. It said the Alphabet-owned Google should be made to sell part of its business.
Among its suggestions, News Corp said: “Google leverages its market power in..
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