The competition regulator is pushing ahead with its world-first probe of online giants Facebook and Google as traditional media organisations continue to bleed jobs and advertising revenue to the digital platforms.
The ACCC has released an issues paper this morning that outlines the scope of the inquiry — and it's wide ranging.
Under investigation will be the "bargaining power" of the Internet behemoths and whether that's affecting the quality and range of news supplied to Australian consumers.
The inquiry will also look into how the digital platforms harvest valuable personal data from Australian consumers.
The Turnbull Government asked the ACCC to launch the inquiry in December as part its media reform package.