On Monday, the ACCC presented its Preliminary Report outlining a number of recommendations and areas for further analysis as a basis for engagement on the key issues. All speaking invitations are considered with regard to the relevance of the topic and the audience. Google, Bing), social media (e.g. The Nationals have today secured an historic inquiry by the Australian Competition and Consumer Commission (ACCC) into the domestic fresh food and dairy supply chain, from the farmgate right … ACCC Digital Platforms Inquiry to recommend changes to stop tech giants’ anti-competitive behaviour. The inquiry, was prompted by treasurer, Scott Morrison, and published an issues paper on 26 February seeking feedback on the power of digital platforms from across the industry. Prices offered by gas producers fell from $8-10/GJ in late 2019 to $6-7/GJ in mid-2020. This inquiry is to be held by the digital platforms branch proposed by Recommendation 4 above. 3 For those who can’t wait, here they are: Inquiry into ad tech services and advertising agencies (Recommendation 5): A new 18-month ACCC inquiry into competition for the supply of ad tech and online advertising services by advertising and media agencies. Facebook, Instagram, Snapchat or Twitter) and content aggregators (e.g. The ACCC’s report has been received with positivity, with many in the industry hopeful it’ll go some way to benefit consumers and even the playing field. The Federal Government has today formally directed the ACCC to commence an inquiry into digital platform providers such as Facebook and Google. Joint media release with The Hon Angus Taylor MP Minister for Energy and Emissions Reduction. COVID-19 (coronavirus) information for consumers, Unauthorised transfer of landline & internet services, Consumer rights for landline & internet services, COVID-19 (coronavirus) information for business, Industry associations & professional services, Competing fairly in professional services, Transmission services & facilities access, Retail electricity pricing inquiry 2017-2018, Monitoring & reporting for container stevedoring, Australian Competition & Consumer Commission, Compliance & enforcement policy & priorities, UniSA & ACCC Competition Law & Economics Workshop, Mergers & Competition Exemptions consultations, Cookies, website analytics & other website information, Digital platform services inquiry 2020-2025, Feminine hygiene products price monitoring, Foreign currency conversion services inquiry, Murray-Darling Basin water markets inquiry, Residential mortgage products price inquiry, Authorisations and notifications registers, Collective bargaining notifications register, Resale Price Maintenance notifications register. The Digital Platforms Branch has also commenced a separate Inquiry into markets for the supply of digital platform services. The … This is the final report for the Digital Platforms Inquiry. Google News, Apple News or Reddit). ACCC commences inquiry into digital platforms 4 December 2017 The Federal Government has today formally directed the ACCC to commence an inquiry into digital platform providers such as Facebook and Google. The ACCC's Digital Platforms Inquiry Final Report has been released with 23 recommendations for wide-ranging regulatory change in areas including competition and consumer law, privacy, copyright and media regulation.. The Digital Platform Services … “Through our inquiry, the ACCC will look closely at the impact of digital platforms on the level of choice and quality of news and content being produced by Australian journalists.”. The ACCC has conducted a broad-reaching inquiry considering the impact of digital platforms – particularly Google and Facebook – on consumers, advertisers and the media. By holding an inquiry under Part VIIA of the Competition and Consumer Act (2010), the ACCC can use compulsory information gathering powers and hold hearings to assess the level of competition in a market. Consumer Commission (“ACCC”) in its Digital Platforms Inquiry (the “Inquiry”) was released (the “Report”). Globally, regulators are scrutinising digital platform M&A activities. “The ACCC will look closely at longer-term trends and the effect of technological change on competition in media and advertising,” Mr Sims said. Digital platform services are being put under the microscope thanks to the new Digital Platforms Inquiry being conducted by the Australian Competition and Consumer Commission (ACCC).Digital platforms can include search engines (e.g. The ACCC will conduct public and private hearings next year and details will be released in due course. The ACCC Gas Inquiry 2017-2025 January 2021 report found prices offered by producers and retailers for 2021 supply in the domestic market fell significantly over the first half of 2020, representing a significant shift in market pricing. Telephone: 1300 138 917 Recent ACCC merger reviews have shown that most advertisers are spending less on print newspapers and finding alternative ways of reaching target audiences, including through digital media. You can access ACCC videos and audio files, as well as transcripts. 4 Media releases . The sixth webinar in the Agriculture Victoria irrigation webinar series – Australian Competition and Consumer Commission (ACCC) inquiry into Murray-Darling Basin water markets – a Victorian irrigation perspective’ will run on Friday 28 May, from 1 pm. 17 May 2021. On 26 July 2019, the Government released the Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry final report. The ACCC has also recently completed a  market study into cattle and beef markets, and market studies into the new car retailing industry and the communications sector are underway. Australia’s consumer watchdog has handed down … The ACCC conducted an extensive and detailed world-leading inquiry and the report sets out 23 recommendations in response to the substantial market power that has arisen through the growth of digital platforms, their impact on competition in media and advertising markets and implications for … While the Government’s response promises significant regulatory change, we also explore why it may fall short … “As the media sector evolves, there are growing concerns that digital platforms are affecting traditional media’s ability to fund the development of content,” Mr Sims said. On Monday 4 December 2017, the Treasurer, the Hon. You can filter by consumer, business, regulated infrastructure, exemptions and small business. Status: Ongoing. The ACCC is required to provide a preliminary report to the Treasurer by 31 December 2020 and a final report by 31 August 2021. “We are keen to hear the views of content creators, mainstream media outlets and smaller media operators, platform providers, advertisers, journalists, consumers and small business interest groups,” Mr Sims said. “We will examine whether platforms are exercising market power in commercial dealings to the detriment of consumers, media content creators and advertisers.”. This alert outlines the key points of the Final Report for consideration. Australian Competition and Consumer Commission (ACCC) chairman Rod Sims fronted a senate inquiry into media diversity on Friday, saying no company held a monopoly over the Australian media market. The Australian Competition and Consumer Commission (ACCC) continues its examination of developments in digital platforms issues through its ongoing Digital Platforms Services Inquiry 2020-2025 (DPSI). On 8 August 2019, the Government directed the ACCC to undertake a public inquiry into … Release of latest report of ACCC Gas Inquiry 17 August 2020 Joint media release with Treasurer the Hon Josh Frydenberg MP, and Minister for Resources, Water and Northern Australia the Hon Keith Pitt MP. Speeches allow us to explain our priorities, set the agenda, tell our story and provide an insight into the work we do. Advertising expenditure in print newspapers has been in decline for a number of years. It would be difficult to find a stakeholder who is not broadly in favour of harmonising media regulation across different modes of delivery (the submissions lodged with the DPI reflect this). ACCC's Digital Platforms Inquiry calls for far-reaching reforms. Further information, including the terms of reference, is at www.accc.gov.au/digital-inquiry. Prices offered by gas producers fell sharply from $8-10/GJ in … While the Inquiry had a somewhat ‘accidental’ history, the core issues that it raised have acquired considerable political resonance in Australia. The ACCC reaffirmed the view expressed in the Digital Platforms Inquiry Final Report regarding the … High resolution images for download, the terms of use outline how and what the images may be used for. Digital platform services inquiry 2020-2025 In December 2017, the ACCC was directed to consider the impact of online search engines, social media and digital content aggregators (digital platforms) on competition in the media and advertising services markets. The Government undertook a 12 week public consultation process to better understand stakeholder views on ACCC’s 23 wide-ranging recommendations and findings and inform its response. On 4 December 2017, the then Treasurer, the Hon Scott Morrison MP, directed the ACCC to conduct an inquiry into digital platforms. As so eloquently put by the ACCC, “consumer behaviour favours the use of incumbents, particularly those with strong brands”. Our Media Unit looks after news releases, media enquiries and speeches. The ACCC is expected to produce a preliminary report early December 2018, with a final report due early June 2019. Keep up-to-date on the latest news and speeches from the ACCC. On 10 February 2020 the Australian Government directed the ACCC to conduct an inquiry into markets for the supply of digital advertising technology services and digital advertising agency services. The Inquiry formed part of a package of reforms to modernise and update Australia’s media laws. Journalists and media employees may contact the media team at: Telephone: 1300 138 917. The inquiry looked at the effect that digital search engines, social media platforms and other digital content aggregation platforms have on competition in media and advertising services markets. Our Media Unit looks after news releases, media enquiries and speeches. Read Marketing‘s coverage here » In separate statements, each cited the complexity ushered … The ACCC considers that Facebook and Google are still dominant in social media and search. With its focus upon the impact of digital platforms on news and journalism, the ACCC Inquiry parallels other reviews, such as the Cairncross Review on the Future of Journalism in the United Kingdom. After hours phone: 0408 995 408 (calls only, no texts please). 2 This article is an attempt to distil the 619 pages of the Report into ten key take-outs as relate to the findings and recommendations on competition. Media Team - 1300 138 917, media@accc.gov.au, ACCC commences inquiry into digital platforms, COVID-19 (coronavirus) information for consumers, Unauthorised transfer of landline & internet services, Consumer rights for landline & internet services, COVID-19 (coronavirus) information for business, Industry associations & professional services, Competing fairly in professional services, Transmission services & facilities access, Retail electricity pricing inquiry 2017-2018, Monitoring & reporting for container stevedoring, Australian Competition & Consumer Commission, Compliance & enforcement policy & priorities, UniSA & ACCC Competition Law & Economics Workshop, Mergers & Competition Exemptions consultations, Cookies, website analytics & other website information, Digital platform services inquiry 2020-2025, Feminine hygiene products price monitoring, Foreign currency conversion services inquiry, Murray-Darling Basin water markets inquiry, Residential mortgage products price inquiry, Authorisations and notifications registers, Collective bargaining notifications register, Resale Price Maintenance notifications register. 3 The DPSI follows the ACCC’s original Digital Platforms Inquiry Final Report (DPI Final Report), released in July 2019. The ACCC's preliminary report on the Digital Platforms Inquiry contains far-reaching recommendations that impact business, the media, and consumer privacy rights. On 10 February 2020 the Australian Government directed the ACCC to conduct an inquiry into markets for the supply of digital platform services. This code of conduct relates to the ACCC’s enforcement activities (excluding mergers) which include actions the ACCC takes to identify, investigate, prosecute and resolve potential breaches of Part IV of the Competition and Consumer Act 2010 and the Australian Consumer Law (Schedule 2 to the Act). The ACCC recommends that an inquiry into ad tech services and advertising and media agencies be held to consider issues of complexity and opacity of the services offered by suppliers involved in the ad tech supply chain, including advertising and media agencies. After hours phone: 0408 995 408 (calls only, no texts please) One of the more interesting (or dispiriting) aspects of the DPI Final Report is th… Journalists and media employees may contact the media team at: Industry bodies and media outlets have welcomed The Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry report. Our report, ACCC Digital Platforms Inquiry: Government Response, explains the Government’s proposed actions and importantly what they might mean for Australian businesses, particularly digital platforms, the businesses that rely on them, and traditional media operators. This is particularly relevant to the report and state of competition in terms of browsers and search engines. The ACCC maintains a full listing of all media releases issued dating back to 1995. The ACCC inquiry examined the vast market power amassed by Google and Facebook and recommended new regulation to improve competition, reduce damage to … The ACCC’s inquiry will look at the effect that digital search engines, social media platforms and other digital content aggregation platforms are having on competition in media and advertising services markets. Labor senator Kim Carr pressed Mr Sims over whether News Corp Australia, the publisher of this article, could be considered a monopoly. The ACCC maintains a full listing of all media releases issued dating back to 1995. Australia’s gas supply outlook will remain steady through next year despite the ongoing impact of COVID-19 according to the latest Australian Competition and Consumer Commission (ACCC) Gas Inquiry interim report. 9 mins 13.12.2018 Tova Gordon, Veronica Scott. The ACCC will soon distribute an issues paper outlining matters relevant to the inquiry, and will be calling for public submissions. The Morrison-McCormack Government has today released the Australian Competition and Consumer Commission’s (ACCC) final report of the Murray-Darling Basin Water Markets Inquiry. “We will also consider the impact of information asymmetry between digital platform providers and advertisers and consumers.”. Scott Morrison MP, directed the Australian Competition and Consumer Commission (ACCC) to hold The real challenge is the ‘how’ and this is a question the ACCC has not tackled, instead recommending that it be addressed by way of a separate government process. Media releases; Nationals secure ACCC Inquiry into the major retailers’ treatment of farmers Nationals secure ACCC Inquiry into the major retailers’ treatment of farmers. The Hon Keith Pitt MP Minister for Resources, Water and Northern Australia. The ACCC Gas Inquiry 2017-2025 January 2021 report found prices offered by producers and retailers for 2021 supply in the domestic market fell significantly over the first half of 2020, representing a significant shift in market pricing. Given the potential impact of these recommendations on the entire digital media … According to the ACCC, Google benefits from its position as the Journal articles and book chapters authored by ACCC senior leaders. Email: media@accc.gov.au. Contact us ; Victorian perspective on ACCC water markets inquiry . “The ACCC goes into this inquiry with an open mind to and will study how digital platforms such as Facebook and Google operate to fully understand their influence in Australia,” ACCC Chairman Rod Sims said. The ACCC publishes updates on a range of matters. Senior ACCC staff are frequently invited to speak at national and international events. 26 August 2020. Email: media@accc.gov.au The ACCC is currently undertaking inquiries into the supply of retail electricity, the supply of and demand for wholesale gas in Australia, the supply of insurance in Northern Australia, residential mortgage products, and the dairy industry.
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