UK seeks G7 consensus on digital competition after Facebook blackout

LONDON (Reuters) - Britain is seeking to build a consensus among G7 nations on how to stop large technology companies exploiting their dominance, warning that there can be no repeat of Facebook's one-week media blackout in Australia.
Facebook's row with the Australian government over payment for local news, although now resolved, has increased international focus on the power wielded by tech corporations.
"We will hold these companies to account and bridge the gap between what they say they do and what happens in practice. We will prevent these firms from exploiting their dominance to the detriment of people and the businesses that rely on them," Britain's digital minister Oliver Dowden said on Friday.
Dowden said recent events had strengthened his view that digital markets do not currently function properly, speaking after a meeting with Facebook's Vice-President for Global Affairs, Nick Clegg - ...


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