Social media giant Facebook has rejected an Australian regulator's recommendation for greater scrutiny over its advertising and news feed policies.
In a 76-page reply to the Australian Competition and Consumer Commission (ACCC), Facebook said: "People, not regulators, should decide what they see in their news feeds".
It said the Australian regulatory body underestimated the level of competition in online advertising markets in the country.
Facebook's response follows a similar rebuttal from Alphabet Inc's Google as they fight a governmental effort to curtail their growing global influence in public life.
In its preliminary recommendations, the ACCC wanted access to probe how companies rank advertisements and news articles.
Saudi Arabia forecasts deficit of $44 billion in 2026 budget
US holiday shoppers shake off economic blues for online spending spree
UAE, Kuwait sign MoU to expand space partnerships
Amazon and Google launch multicloud service for faster connectivity
Airbus hit by new A320 quality problem after software recall
