Facebook, Google market power targeted in ACCC landmark report

The market power of Facebook and Google has been targeted in a landmark inquiry into the dominance of tech giants in Australia. 

A landmark report by the the Australian Competition & Consumer Commission makes 23 recommendations including changes to merger laws, a strengthening of the Privacy Act and protections for local journalism and public broadcasters. 

ABC's Peter Ryan says the report has been anticipated by other regulators around the world.