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Digital-platform regulation shouldn't be a 'static target,' says top Australian official

By Ryan Cropp ( June 25, 2024, 00:30 GMT | Insight) -- Australia's attempts to regulate large digital platforms must be dynamic and flexible if the country is to share in any benefits achieved by other major jurisdictions, a top government official has told lawmakers. Speaking at a parliamentary inquiry today, Tony McDonald, a senior official in the government’s Treasury Department, said “static” rules around digital-platform competition would be ineffective in the face of fast moving and legally sophisticated digital businesses.Australia's attempts to regulate large digital platforms must be dynamic and flexible if the country is to share in any benefits achieved by other major jurisdictions, a top government official has told lawmakers....

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