Google rejects Australian regulator's call for scrutiny, denies market power

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 66%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Alphabet Inc's Google has rejected calls by Australia's competition regulator for tougher scrutiny of its operations, denying that it enjoys ...

SYDNEY: Alphabet Inc's Google has rejected calls by Australia's competition regulator for tougher scrutiny of its operations, denying that it enjoys market power in online searches and advertising, documents published on Monday showed.

"Google faces fierce competition from other providers, including vertical search sites like Amazon, Expedia, Domain and Carsales.com, many of which users access directly through mobile apps." In preliminary recommendations that are subject to change, the Australian Competition and Consumer Commission also said the new regulator should have powers to investigate how the companies rank advertisements and news articles.It said the regulator had provided no evidence that reglatory review of Google's algorithms and potential recommendations for more disclosure about its news ranking would lead to higher quality search results.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Most-innovative company in the world’ is a Chinese firm that delivers takeaway food, not Google or FacebookThe top two most innovative companies in the world are from Asia, according to Fast Company, a US business magazine, in the latest sign that the West is waking up to the fact that a lot of innovation today is taking place beyond Silicon Valley. China’s Meituan Dianping, which offers an app-based service
Source: YahooSG - 🏆 3. / 71 Read more »

US senators press for Huawei to be excluded from solar power marketA bipartisan group of senators on Monday urged the U.S. government to block Huawei Technologies Co Ltd from supplying solar energy generators just ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »