Australia: ACCC examines expanding ecosystems of digital platform service providers
The Australian Competition and Consumer Commission ('ACCC') announced, on 8 March 2023, that it will be examining the expanding ecosystems of digital platform service providers in Australia as part of its five-year Digital Platform Services Inquiry. In particular, the ACCC issued an issues paper, published on the same day, posing questions and seeking submissions from consumers, businesses, and interested stakeholders about the investment decisions made by digital platforms, the interconnectedness of expanded products and services within each ecosystem, and the potential impacts on competition and consumers.
In this regard, the ACCC explained that large digital platform service providers continue to invest heavily across different sectors and technologies, creating a web of interconnected products and services which consumers and businesses alike are increasingly reliant upon, making it crucial to examine how these companies are expanding their reach. Notably, the ACCC specified that the issues paper will inform its seventh report under the inquiry, due to be submitted to the Treasurer by 30 September 2023.
Lastly, submissions in response to the issues paper are due by 5 April 2023 and can be made via email to [email protected].