Australia proposing new laws to curb big tech market power

After a long study period, Australia's anti-trust body has proposed a series of new laws, regulations, and penalties intended to constrain Apple, Google, and others.An Apple Store in Sydney AustraliaApple and Google have both previously protested against the Australian Competition & Consumer Commission (ACCC) antitrust investigations, and most recently Google was fined $40 million by the regulator for location tracking. Now the ACCC has published what it calls an interim report, and which calls for extensive regulatory reform. Read more...