menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Google News

>

Will Googl...
source image

Moneyweb

1M

read

73

img
dot

Will Google’s potential fine reshape SA’s media industry?

  • The South African Competition Commission has recommended a fine of R500 million for Google due to its dominance impacting local publishers negatively.
  • The potential penalty raises questions about whether it will be effective in promoting fair competition or if tech giants will find ways to circumvent regulations.
  • The decline in traditional media's advertising revenue due to the shift to digital consumption has been a significant challenge.
  • The inquiry highlights that there is evidence of bias in Google's algorithm, disadvantaging South African media in favor of foreign media.
  • Traditional media needs to address structural issues, but the focus of the inquiry is on the impact of platforms on competition within the market.
  • The provisional report suggests Google should contribute to a fund, but the broader focus is on structural changes in platform news profiling.
  • Google's participation in the inquiry and the possibility of challenging the findings are noted, with a digital levy being an option if recommended remedies are not implemented.
  • The aim of the recommendations is to benefit a range of media outlets, from large houses to small rural startups, to promote media plurality.

Read Full Article

like

4 Likes

For uninterrupted reading, download the app