Australia’s competition watchdog, the ACCC, is not opposing the proposed acquisition of Racing Internet Services (Racenet) by Punters Paradise, a subsidiary of News Corp Australia Investments.
Rupert Murdoch's News Corporation has rubbished a Google-funded report that claims news aggregators - like the search engine firm - can help struggling publishers by easing some of the negative consequences of digital disruption.
Digital platforms that possess substantial market power are engaging in anti-competitive practices that prevent publishers from competing on merit, News Corporation Australia says in a hard-hitting submission to the ACCC's digital platforms inquiry.
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