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Impact of digital platforms on news, data privacy will be focus of Australian inquiry

( February 26, 2018, 01:42 GMT | Official Statement) -- MLex Summary: The reduction of Australian media companies’ advertising revenue as a result of online platforms creates the “potential for competition and consumer concerns” through a loss of “news and journalistic content,” according to a discussion paper by the country’s competition watchdog. In the paper, released today to accompany an inquiry into digital platforms, the Australian Competition & Consumer Commission asks whether the loss of “high-quality news and journalistic content” because of platforms may be “impeding the capacity of traditional media companies to fund the production and distribution of news and journalistic content” — a trend that may adversely affect the media’s public benefits.The regulator's statement follows and the full paper is attached: ...

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