Facebook rejects Australian regulator's push for news feeds scrutiny

123rf

Social media giant Facebook has rejected an Australian regulator's recommendation for greater scrutiny over its advertising and news feed policies.

In a 76-page reply to the Australian Competition and Consumer Commission (ACCC), Facebook said: "People, not regulators, should decide what they see in their news feeds".

It said the Australian regulatory body underestimated the level of competition in online advertising markets in the country.

Facebook's response follows a similar rebuttal from Alphabet Inc's Google as they fight a governmental effort to curtail their growing global influence in public life.

In its preliminary recommendations, the ACCC wanted access to probe how companies rank advertisements and news articles.

More from Business

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!