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Meta tightens ad rules to curb financial scams aimed at Australians

  • Meta faces court action from the Australian Competition and Consumer Commission , alleging it profited from scam ads and failed to enforce its own policies.
  • New anti-scam legislation could impose fines of up to A$50 million on Meta and other companies for failing to comply with regulations.
  • Annual scam losses in Australia total approximately $2.3 billion, with $200 million attributed to scams involving banks, according to various research sources.
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Bias Distribution

  • 43% of the sources lean Left
43% Left

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il Giornale broke the news in Italy on Saturday, November 30, 2024.
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