Today, the Malaysian Communications and Multimedia Commission (MCMC) released a new statement regarding online harm and imbalance media. A discussion took place yesterday at MCMC HQ, where several members considered regulating digital platforms, namely Meta and Google to address challenges posed by online media.
According to the statement, the challenges include child sexual abuse material, online gambling, scams and phishing, sales and promotion of illegal drugs and prohibited substances, fake accounts, spread of fake news and content inciting Race, Royalty and Religious (3R). The KKD (Ministry of Communications and Digital). It's unsure how Meta and Google can work this out with the Malaysian government but TikTok has been scheduled to meet up to discuss the same issues.
Additionally, KKD and MCMC are also looking into the imbalance in income for traditional Advertising Expenditure between digital platforms and local media. This is to ensure fair compensation for news content creators. Both organisations aim to implement the rules, as well as encourage fair competition, strengthen intellectual property rights, and protect consumers and online harms and privacy.
With this, the Malaysian Government hopes to follow in the footsteps of Australia and Canada's existing frameworks. For the uninitiated, Australia is using the world's first Mandatory News Media Bargaining Code. This has made Meta and Google make voluntary compensation agreements with news outlets for fair compensation. On the other hand, Bill C11 in Canada regulates streaming platforms and they must support Canadian content.
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