A report by the Competition Commission has revealed that major global platforms including Google, Meta, Microsoft, TikTok, X and AI companies, dominate key gateways that South Africans use to access news and information.
The final Media and Digital Platforms Market Inquiry Report notes that the global transition to digital platforms, has severely undermined traditional revenue models and eroded the financial position of news media.
In South Africa, the digital media transition has been characterised by declining advertising revenue and paid subscription limitations.