The Business Times
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Australia to probe Facebook, Google over media disruption

Published Mon, Dec 4, 2017 · 09:50 PM

Sydney

AUSTRALIA'S competition regulator said on Monday that it would investigate whether US online giants Facebook and Alphabet Inc's Google has disrupted the news media market to the detriment of publishers and consumers.

Like their rivals globally, Australia's traditional media companies have been squeezed by online rivals, as advertising dollars have followed eyeballs to digital distributors such as Google, Facebook and Netflix Inc.

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