The Competitors Fee is girding itself for a struggle with Huge Tech corporations like Google and Meta Platforms after publishing its provisional findings in its investigation into the affect that Huge Tech has had on the South African information media sector.
To unpack the provisional report, which was revealed on Monday, Competitors Fee senior analyst and technical lead Donnavan-John Linley joined the TechCentral Present to debate the findings.
He chats about how the fee is trying to help native publishers take care of the rise of competing social media platforms owned by US tech giants and why the regulator is set to intervene out there to assist the funding of journalism in South Africa within the digital age.
Linley tells TechCentral editor Duncan McLeod about:
- Why the Competitors Fee determined to provoke its probe into digital platforms and the affect these platforms are having on South Africa’s information media;
- The findings contained within the provisional report and why the fee reached the conclusions it did – together with its advice that Google pay as a lot as R500-million/yr in “compensation” over a three- to five-year interval in an effort to degree the taking part in area;
- The possible response from Huge Tech to the fee’s proposals, and what may occur in the event that they don’t comply with play ball;
- The chance of scary a backlash from the Donald Trump administration – already Trump has accused the EU of utilizing antitrust fines levied on US tech corporations as a type of taxation and threatened retaliation in response;
- How the proposed compensation of the native information media may work, and who could be eligible to obtain the funding from Google;
- The affect of synthetic intelligence on the South African media trade and the way the fee has handled this in its provisional report; and
- Whether or not the fee’s findings quantity to regulatory overreach – are the proposals it has made actually warranted, or is the media trade merely experiencing capitalism’s “artistic destruction” that can in the end drive innovation in information media?
Don’t miss an excellent interview!
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