Andrea Coscelli, the watchdog taking on the tech giants
Competition and Markets Authority chief executive says Facebook and Google "too powerful"
Andrea Coscelli, the chief executive of the UK's Competition and Markets Authority, tells the 大象传媒 that tech giants Google and Facebook have too great a share of the UK online advertising market and that regulation is needed. In this extended interview with Amol Rajan, Dr Coscelli also gives his response to Facebook's recent behaviour in Australia after a new law was proposed which would force tech companies to pay publishers for news.
In response to this interview, Facebook said it faces "significant competition" online from rival firms and that "it鈥檚 always been our intention to support journalism in Australia and around the world, and we鈥檒l continue to invest in news globally and resist efforts by media conglomerates to advance regulatory frameworks that do not take account of the true value exchange between publishers and platforms like Facebook".
Google has also been approached for comment by the 大象传媒.
Producer for 大象传媒 News: Elizabeth Needham-Bennett
Producer for The Media Show: Hannah Sander
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The Media Show
This is the programme about a revolution in media.
