Network 10 today welcomed the preliminary report of the Australian Competition and Consumer Commission’s (ACCC) Digital Platforms Inquiry:
From Network 10’s chief executive officer Paul Anderson:
“It’s great that the ACCC’s preliminary report has put the practices of bigger digital- only players under the microscope and identified transparency, data use and advertising practices as key issues that need to be addressed. These issues have had a flow-on effect, affecting the perception and reputation of the media industry as a whole.
“Not only that, the speed of technology and innovation has been much quicker than the process of applying fair regulation across all media players, allowing the digital- only players to operate in an almost regulation-free environment. It’s encouraging that for companies like 10, dedicated to telling stories and gathering news that is relevant to Australians, the report acknowledges this imbalance of regulation and is looking to do something about it.
“We’re looking forward to working with the ACCC as it continues to develop its thinking toward a final report next year. It’ll be great when all media companies can start competing on a level playing field.”
