Google rejects tougher scrutiny call from Australia competition regulator

PUBLISHED:

See more TechGraph stories in your search results.
Google Add TechGraph on Google

Alphabet Inc’s Google has rejected calls by Australia’s competition regulator for tougher scrutiny of its operations, denying that it enjoys market power in online searches and advertising, documents published on Monday showed.

The global giant was responding to recommendations made late last year by the watchdog, such as increased scrutiny and a new regulatory body to monitor the dominance of tech giants in online advertising and news markets.

- Advertisement -

“The preliminary report bases many of its recommendations on the mistaken premise that Google has market power in search, search advertising, and news media referrals,” Google wrote in a Feb. 18 statement published by the regulator.

“Google faces fierce competition from other providers, including vertical search sites like Amazon, Expedia, Domain and Carsales.com, many of which users access directly through mobile apps.”

The regulator had said the enormous market power of firms such as Google, which has a 94 percent share of web searches in Australia, and their opaque methods for ranking advertisements, gave them the ability and incentive to favour their businesses over advertisers.

In preliminary recommendations that are subject to change, the Australian Competition and Consumer Commission (ACCC) also said the new regulator should have powers to investigate how the companies rank advertisements and news articles.

Google rejected such a measure as “unnecessary”.

It said the regulator had provided no evidence that reglatory review of Google’s algorithms and potential recommendations for more disclosure about its news ranking would lead to higher quality search results.

“We support transparency for our customers and partners in a fragmented space, but we disagree with the appropriateness of price monitoring as a solution,” Google said in the statement.

Australia, which has passed laws forcing tech companies to help police access user data amid growing concerns about the distribution of so-called “fake news”, ordered the inquiry into their influence as part of wider media reforms in 2017.

Stay ahead of the curve, every day.

A daily briefing covering news, interviews, and the trends driving the world forward. Curated for readers who want news, not noise.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

Top Gainers · Global

View all
NamePriceChange
9984SoftBank Group ¥6,702 +6.13%
PANWPalo Alto Networks $393.30 +5.00%
CRWDCrowdStrike $262.49 +4.97%
PLTRPalantir Technologies $191.79 +3.68%
BAJFINANCEBajaj Finance ₹1,043.20 +3.41%

Latest Stories

How Is AI Creating a New Workplace Divide?

Artificial intelligence is changing the workplace faster than any...

How Digital Payments Fuel India’s IPL Cricket Boom

Anyone who has watched an Indian Premier League (IPL)...

The Biggest Insurance Mistakes Indian Families Continue to Make

Buying insurance in India has never been easier. In...

How Causal AI Could Change Financial Decision Making

Every senior finance leader who has sat through more...

Why India needs AI-powered climate resilience at the local governance level

India does not have one climate typology. It has...

Related Articles

How Is AI Creating a New Workplace Divide?

Artificial intelligence is changing the workplace faster than any technology we have witnessed in recent decades. Conversations around AI often focus on automation, productivity,...

How Digital Payments Fuel India’s IPL Cricket Boom

Anyone who has watched an Indian Premier League (IPL) match in a crowded café or on a phone during the evening commute will have noticed a familiar rhythm. A wicket falls, the group leans in, someone taps their screen a few times, and the...

The Biggest Insurance Mistakes Indian Families Continue to Make

Buying insurance in India has never been easier. In just a few taps on...

How Causal AI Could Change Financial Decision Making

Every senior finance leader who has sat through more than one board cycle has...

Keeping Natural Formulas Stable with Biophotonic Glass

Makers of natural products in Northeast Los Angeles spend a great deal of time...

The Rise of the Casual Player: Gaming without the Commitment

When we think about gaming in the past, we often picture people booting up...

Improving Daily Store Operations With Tech: 8 Prime Examples

Nowadays, running a retail store is more demanding than ever. Customers walk in expecting...

Choosing an AI Development Partner: 7 Practical Checks

An industrial AI project can produce a convincing demonstration before anyone has answered its...

Javier Olivan Plans $1.04 Million Meta Share Sale

Olivan acquired the shares through restricted stock unit vesting between 2017 and 2026 and has sold nearly 18,800 Meta shares worth approximately $11.57 million over the past three months.

Choosing an AI Development Partner: 7 Practical Checks

An industrial AI project can produce a convincing demonstration before anyone has answered its...

Javier Olivan Plans $1.04 Million Meta Share Sale

Olivan acquired the shares through restricted stock unit vesting between 2017 and 2026 and has sold nearly 18,800 Meta shares worth approximately $11.57 million over the past three months.

Amazon Inc Raises £4.25 Bn Through Sterling Bond Sale

The offering includes four series of senior notes maturing between 2029 and 2045 and is expected to generate approximately £4.235 billion in net proceeds before offering expenses.

Amazon Grants 4,086 RSUs to Director Brad Smith

Amazon.com Inc. () director Brad D. Smith has received 4,086 restricted stock units representing...

NVIDIA Awards 172,507 Shares to EVP Nicholas Parker

NVIDIA Corp. () EVP for Worldwide Field Operations Nicholas P. Parker has received 172,507...

Why India needs AI-powered climate resilience at the local governance level

India does not have one climate typology. It has more than 290 days of extreme weather events and thousands of local ones. A coastal village...

Amazon Inc Raises £4.25 Bn Through Sterling Bond Sale

The offering includes four series of senior notes maturing between 2029 and 2045 and is expected to generate approximately £4.235 billion in net proceeds before offering expenses.

Amazon Grants 4,086 RSUs to Director Brad Smith

Amazon.com Inc. () director Brad D. Smith has received 4,086 restricted stock units representing...

InspeCity Space Laboratories Appoints Rajeev Gambhir as Executive Vice President

Rajeev Gambhir will lead strategic partnerships and institutional engagement as InspeCity scales its space technology business.

InspeCity Space Laboratories Appoints Rajeev Gambhir as Executive Vice President

Rajeev Gambhir will lead strategic partnerships and institutional engagement as InspeCity scales its space technology business.

Meta CPO Chris Cox Sells Shares Worth $13 Mn

Meta Platforms Inc. () Chief Product Officer Christopher Cox has sold 20,000 shares of...

Amazon To Secure £4.25 Bn Through Sterling Bond Sale

The offering spans four bond maturities between 2029 and 2045 and is expected to generate approximately £4.23 billion in net proceeds before expenses.

CFO Mark Patterson Plans $193K Cisco Share Sale

The planned sale follows Patterson's acquisition of 1,795 restricted stock units a day earlier and comes weeks after he sold 5,192 Cisco shares for approximately $578,980.