A classic Rex tantrum : Qantas hits back at criticism of its regional strategy – Travel Weekly travelweekly.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelweekly.com.au Daily Mail and Mail on Sunday newspapers.
As second competition regulator expresses concern
The Australian Competition & Consumer Commission (ACCC) has taken aim at the merger of financial services giants Aon and Willis Towers Watson (WTW).
The probe started in October 2020, but now the Australian competition watchdog has expressed concerns on the impact the merger can have on the country’s supply of services.
The announcement from the ACCC comes weeks after the European Commission stopped the clock on its own review of the deal.
European stumbling block
On 21 Dec 2020, the Commission confirmed it had opened an in-depth investigation to assess the merger.
Executive vice president Magrethe Vestager, responsible for competition policy, said at the time: “Aon and Willis Towers Watson are two leading companies in the market for insurance and re-insurance brokerage.
Australia is now pushing Big Tech to make deals with news publishers after a recently released 18-month report from their Australian Competition & Consumer Commission. They want these Big Tech companies to pay news agencies for content that appears on their platforms and they also want to break their dominance and thus their censorship:
NEWSBUSTERS – In a landmark compromise, Australia’s government has made Google, the world’s most powerful search engine, come to the table to make a deal.
“Google has been in a highly publicized spat with the Australian government in recent months over a bill the News Media Bargaining Code that would force Google to pay news publishers for stories that surface in Google Search inquiries,” CNET summarized Feb. 16. “The conflict almost turned into a confrontation,” but eventually Google had to take “a more conciliatory approach” after a senate committee recommended the bill become an official law.
Australian regulator latest to question Aon-Willis deal businessinsurance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsurance.com Daily Mail and Mail on Sunday newspapers.
Facebook bans news in Australia, Google pays News Corp
18-02-2021
09-12-2016
The dispute between the Australian government and tech giants over online news intensified yesterday when Facebook pulled all news content from Australia’s users.
The move was in response to Australia’s proposed landmark law that orders Facebook and Google pay publishers for hosting copyrighted news content on their platforms.
“While the government has made some changes, the proposed law fundamentally fails to understand how our services work,” William Easton, managing director of Facebook Australia and New Zealand said in a statement.
“Unfortunately, this means people and news organisations in Australia are now restricted from posting news links and sharing or viewing Australian and international news content on Facebook.”