Trade group chairman says robust regulation is needed to rein in monopolistic tech firms
Facebook’s move to block all media content in Australia shows why countries need robust regulation to stop tech firms behaving like a “schoolyard bully”, the head of the UK’s news media trade group has said.
Henry Faure Walker, the chair of the News Media Association, said Facebook’s ban during a pandemic was “a classic example of a monopoly power being the schoolyard bully, trying to protect its dominant position with scant regard for the citizens and customers it supposedly serves”.
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