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A proposed new regulation before the Australian government could lead Facebook and Google to reveal how their best-guarded algorithms work. After an investigation of both platforms that lasted 18 months, the country's regulators concluded that it is necessary to closely monitor the activity of both companies. The proposal, presented by the Australian Competition and Consumer Commission (ACCC), calls for the need to proactively monitor the algorithms of these companies due to the possibility that they are promoting anti-competitive practices. Faceboook and Google are very jealous about their algorithms, and a regulation of these characteristics would be an impediment when it comes to safeguarding said information.
Facebook and Google could be forced to reveal how their algorithms work if a new regulation proposal presented to the Australian government is approved. Australian regulators have turned their attention to digital platforms, releasing the results of an 18-month investigation into the impact of Big Tech on the country's economy. The proposal comes Middle East Phone Number List from the Australian Competition and Consumer Commission (ACCC) and will be assessed by the Australian government . If implemented, it would constitute one of the toughest regulations globally. The procedure by which large technology companies would reveal their algorithms has not been detailed in the document, which has a total of 619 pages and is accessible on the Internet .
However, the document suggests the creation of its own department within the ACCC, aimed exclusively at monitoring the activity of these companies. Towards the end of the document, the reason why this would be necessary is mentioned; It is believed that Facebook and Google algorithms are prioritizing their own products on their platforms , thus promoting anti-competitive practices. On page 531 of the document the following is mentioned: "The ACCC points out a possible anti-competitive behavior, by taking advantage of the functioning of the market for its benefit, thus highlighting the need to create a specialized department within the ACCC, dedicated exclusively to digital markets, and to supervise the operation of the algorithms.
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