( March 31, 2025, 06:52 GMT | Official Statement) -- MLex Summary: The proposal to adopt a designation-specific code and service model with which to regulate digital platforms was designed to align Australia with other significant jurisdictions, including the European Union, India and Brazil, according to a parliamentary report into annual reports put forward by the country’s antitrust watchdog between 2021 and 2023. The report, released this month, says that the Australian Competition & Consumer Commission explained its advocacy of a specific approach to digital-platform regulation by saying that it was necessary to have a “regulatory framework that is coherent in engagement with platforms but, in addition, has real prospects of actually changing behavior and being able to be enforced.” The House of Representatives Standing Committee on Economics Review of the Australian Competition & Consumer Commission Annual Reports 2021, 2022 and 2023 is attached. ...
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