Digital Updates – 2019

The Alliance Applauds the Findings of the Australian Digital Platforms Inquiry
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The Alliance Applauds the Findings of the Australian Digital Platforms Inquiry

On July 26, the Australian Competition & Consumer Commission (ACCC) published its long-awaited report on the impact of the dominant online platforms and aggregators on the media and digital advertising services. The report includes 23 recommendations to the Australian Government, ... Read More
FTC Fines Facebook $5 Billion and Imposes Other Restrictions
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FTC Fines Facebook $5 Billion and Imposes Other Restrictions

On June 24, the Federal Trade Commission imposed a $5 billion penalty on Facebook, marking the largest penalty ever imposed on a U.S. company for consumer privacy violations. The settlement also includes other restrictions on Facebook, including requiring the company ... Read More
Department of Justice Announces an Antitrust Investigation of Dominant Online Platforms
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Department of Justice Announces an Antitrust Investigation of Dominant Online Platforms

On July 23, the Department of Justice announced that its Antitrust Division will launch an investigation into the dominant online platforms, including their market power and anticompetitive practices. The investigation will focus on concerns over the platforms’ search, social media, ... Read More
Senate Banking, Housing and Urban Affairs Committee Holds Hearing on Facebook's Proposed Cryptocurrency
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Senate Banking, Housing and Urban Affairs Committee Holds Hearing on Facebook’s Proposed Cryptocurrency

The Senate Committee on Banking, Housing and Urban Affairs on July 16 held a hearing on Facebook’s proposed cryptocurrency, Libra, titled, “Examining Facebook’s Proposed Digital Currency and Data Privacy Considerations.” The head of Facebook's currency project, David Marcus, gave testimony ... Read More
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