Australia Considers Big Tech Fines
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digital economyReuters
•Proposed Australia law would fine Big Tech over digital competition
79% Informative
Australia proposes law that could impose fines of up to A$50 million ( $33 million ) on global technology companies.
Centre-left Labor government has targeted Big Tech's influence, and parliament passed a law last week that banned social media for children aged under 16 .
Apple , Google and Meta , which dominate app downloads and ad revenues, did not immediately respond.
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