Virginia-based News Media Alliance is applauding the Australian Competition & Consumer Commission (ACCC) for the findings of its Digital Platforms Inquiry, released in late July.
The ACCC investigation, launched in December 2017, focused on the impact of the dominant online platforms and aggregators on the media and advertising services.
Among the 23 recommendations made by the ACCC, the final report suggests requiring designated online platforms to develop and implement codes of conduct that treat news organizations “fairly, reasonably and transparently,” and to provide for data and revenue sharing options.
“The findings of the ACCC’s study reflect the realities of the news business, not only in Australia, but around the world,” said News Media Alliance Senior Vice President, Strategic Initiatives and Counsel Danielle Coffey. “Despite providing the high-quality journalism that the public needs and values, it is a few dominant platforms who gain most of the benefits and decide the rules of the game. The recommendations made in the report are an important step forward in addressing these challenges. We encourage the Australian Government to implement the proposed changes and hope that other governments and agencies will follow their lead.”