Competition Commission sets sights on digital and social media platforms
Competition Commission sets sights on digital and social media platforms
Podcast
Competition Commission sets sights on digital and social media platforms
Podcast
Chris highlighted that the Commission is investigating whether these digital platforms, increasingly acting as gatekeepers for news media distribution, might lead to market distortion by reducing news publishers' access to consumers of news and advertising revenue. The inquiry aims to assess how the position of these platforms could affect the dynamism and vibrancy of the news media sector, particularly for smaller media businesses or those owned by historically disadvantaged individuals.
In addition, Chris emphasised that issues such as fair payment for content, access to data, and methods for reaching media consumers will also be thoroughly examined. Chris noted that international competition authorities are conducting similar investigations to understand the implications of digital platforms on news media publishers. These investigations focus on sustainable business models, the quality of news media content, and advertising revenue. While South Africa is aligning with international regulators in Australia, the UK, and Canada, Chris highlighted that, so far, no regulator has presented a conclusive solution for addressing all of these challenges.
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