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Market Impact: 0.4

Australia Sets Up New Big Tech Fight With Bid to Block Targeting

Source: Bloomberg

Regulation & LegislationTechnology & InnovationCybersecurity & Data Privacy

Australia proposed legislation allowing social-media users to opt out of platform algorithms, expanding regulatory pressure on Big Tech and efforts to limit online harm. The measure could require meaningful product and engagement-model changes for affected platforms, though its ultimate market impact will depend on the legislation’s final scope and enforcement.

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