Australia's competition watchdog is expected to begin flexing its muscles
Australia's competition watchdog is expected to begin flexing its muscles once the government passes new laws to rein in anti-competitive conduct by big tech companies.
The Australian Competition and Consumer Commission (ACCC) has been given new powers to investigate and prosecute companies that engage in anti-competitive behaviour, including misuse of market power, price fixing, and anti-competitive acquisitions.
The ACCC is expected to use its new powers to target companies such as Google, Facebook, and Amazon, which have been accused of anti-competitive behaviour in Australia and around the world.
5 things to know for Aug Economy VP debate Columbia University Mpox outbreak Hurricanes
Here's what you need to know to get up to speed and participate in today's discussions.
Economy: The latest economic data shows that the US economy is slowing down, but it is still growing. The unemployment rate is at a 50-year low, and wages are finally starting to rise.
VP debate: The first vice presidential debate of the 2024 election will be held tonight. The candidates are Democratic incumbent Kamala Harris and Republican challenger Tim Scott.
Columbia University: Columbia University has announced that it will be requiring all students to be vaccinated against the mpox virus before the start of the fall semester.
Mpox outbreak: The mpox outbreak is continuing to spread in the United States. The CDC has reported more than 9,000 cases of mpox in the US, and the virus has been spreading to new areas of the country.
Hurricanes: The Atlantic hurricane season is now in full swing. There are currently two active hurricanes in the Atlantic, and both are expected to strengthen in the coming days.
