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Market Impact: 0.42

Australia to let social media users 'opt out' of algorithm-based feeds in fresh blow to big tech

Source: CNBC

Regulation & LegislationTechnology & InnovationMedia & EntertainmentAntitrust & Competition

Australia plans legislation requiring social-media platforms to give users an option to disable algorithm-driven feeds. The proposed rule would add regulatory and product-design pressure for major technology platforms, potentially weakening engagement optimization and advertising effectiveness in the Australian market.

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