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Meta runs afoul of the ACCC too, and must pay US $14M

Meta has been ordered to pay A$20 million (US$14 million) for not being transparent enough with customers about how data would be used by subsidiaries, Facebook Israel and Onavo Inc. The company was found to have used data for market research and acquisition targets, but not stating that information prominently in its product advertising, though disclosures were made in the terms of service and privacy policy.

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Australian regulator targeting excessive Apple and Google app store fees

July 27, 2023

The Australian Competition and Consumer Commission (ACCC) regulator is advocating for governmental action to protect app developers from having to paying the massive 30% fees imposed by Apple’s App Store and Google’s Play Store. The fees make it difficult for developers from other companies to compete and they place a burden on consumers who must pay higher prices for products when costs are passed on.

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GoTo launches financial services app GoPay in Indonesia

July 27, 2023

Indonesian tech giant GoTo, the parent company of Gojek and Tokopedia, has expanded the coverage for its financial services app GoPay to include all cities in Indonesia. With the expansion, people who are not Gojek and Tokopedia users will also be able to download the app, signalling the group’s move to deepen its financial services offerings beyond the ride-hailing and e-commerce ecosystems.

CDPI Emerging Markets