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Facebook has come out against some of the competition watchdog's recommendations in its final digital inquiry report and warned against the risk of pandering to powerful Australian media companies with regulation aimed at reining in rivals.
A group of media companies are appealing a groundbreaking defamation ruling that found they are liable for third-party comments made on their Facebook pages.
The Australian Competition and Consumer Commission is preparing to launch five ground-breaking court cases against internet behemoths Google and Facebook, the regulator's chair, Rod Sims, said Tuesday.
Media companies facing defamation suits by a former youth centre detainee are liable for third-party comments posted on their Facebook pages, a judge has ruled in a groundbreaking decision.
Facebook and Instagram will defend against claims they misused their market power to block an Australian marketing startup from their platforms, saying the company - which sends scheduled social media posts for clients -- had breached their terms of use.
Google and Facebook should be regulated given the potential they have to wield their monopoly powers in ways that would harm consumers, the ACCC said in its highly anticipated preliminary report into the digital platforms.
The US securities regulator is reportedly looking into Facebook's disclosures to investors about the harvesting of user data by political research firm Cambridge Analytica, as the company faces the threat of a privacy class action in Australia over the data debacle.
IMF Bentham is considering funding a privacy class action against Facebook for allowing political research firm Cambridge Analytica to harvest information from the Facebook accounts of over 311,000 Australians.
Facebook has struck back at calls for regulation of digital platforms that distribute news content, saying consumers stand to lose from regulatory meddling.
The Privacy Commissioner on Thursday opened an investigation of Facebook on the heels of confirmation by the social media giant that the data of over 300,000 Australian users may have been improperly harvested.