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[ Fri, Mar 21st 2025 ]: Reuters
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Thu, March 20, 2025
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US tech companies file White House complaint on 'coercive and discriminatory' Australian media laws

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  • 🞛 This publication is a summary or evaluation of another publication
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Apple, Meta and Google have complained to the White House about Australia's proposed News Bargaining Incentive, and the ACCC's report into Coles and Woolworths' domination has found not much can be done.
The article from Crikey discusses the Australian Competition and Consumer Commission's (ACCC) concerns over the market power of big tech companies like Meta, Google, and Apple, drawing parallels with the duopoly of Coles and Woolworths in the supermarket sector. The ACCC has highlighted how these tech giants, through their control over digital advertising, app stores, and data, can dictate terms to smaller businesses, much like how Coles and Woolworths influence suppliers and consumers. The piece argues for the imposition of tariffs or similar regulatory measures on these tech companies to level the playing field, suggesting that without intervention, these firms could continue to exploit their dominance, potentially leading to higher prices, reduced innovation, and less consumer choice. The article calls for a robust regulatory framework to ensure fair competition and protect both consumers and smaller enterprises from the unchecked power of these tech behemoths.

Read the Full Crikey Article at:
[ https://www.crikey.com.au/2025/03/21/meta-google-apple-big-tech-tariffs-coles-woolworths-accc/ ]