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Under proposed new legislation, digital platforms like Google, Meta and TikTok would face a 2.5 per cent tax on their local revenue if they fail to do commercial deals with news publishers.
The sSafety Commissioner is investigating five major social media companies over their compliance with a new ban on kids under 16 accessing their platforms, saying they have not implemented appropriate systems to keep kids off.
Two US jury verdicts last week in cases over alleged harms caused to children by social media platforms have spurred plaintiff firms to weigh class actions in Australia.
A judge has asked the Australian Competition and Consumer Commission and Meta to resolve their standoff over document discovery in a case over scam cryptocurrency ads on Facebook.
Social media companies have removed, deactivated or restricted about 4.7 million accounts belonging to children under 16 during the first month of the country's social media ban, according to the eSafety Commissioner.
Meta has sharply criticised Australia's social media ban for children after confirming it removed over half a million Facebook, Instagram and Threads accounts in the first month of the ban.
A world-first law banning kids under 16 from accessing social media platforms has gone into force, with the eSafety commissioner vowing to publish a report card on compliance by the end of the year.
Facebook owner Meta has argued the Australian Competition and Consumer Commission has “misallocated responsibility” in its three-year-old case over scam cryptocurrency ads on the social media platform.
Meta has successfully opposed an Australian start-up's 'Reelstar' trade mark, with a delegate finding it was too similar to the social media company's mark for its short-form video brand Reel.
The eSafety commissioner has said it will take a “principles-based approach” to the government's plan to ban social media ban for children under 16, saying platforms will not be required to verify the ages of all users.