He explained that the social networking giant built itself up on the offer of free access, while downplaying the collection of user data and making money off that information. I think they are reinforcing their monopoly position in this part of the digital world, he said Friday on CNBC s Squawk Box Asia. It is sparking a conversation in Australia about what alternatives could look like – there s no obvious corporate alternative, he said. Reimagining public digital infrastructure is a long game, not something that you can do overnight.
Australia s Treasurer Josh Frydenberg said on Twitter Friday that he had further conversation with Facebook boss
What are we doing here? Trying to save the Titanic that s sinking? : Small publishers testify on potentially fatal impacts if platforms bugger off mumbrella.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mumbrella.com.au Daily Mail and Mail on Sunday newspapers.