Meta Asks To Be Spared Tighter Rules In Australia, Saying iPhone’s Tracking Blocker Is Hurting Business

Meta says Apple’s decision to allow users to stop apps tracking them on their phones has diminished Facebook’s advertising market power, and therefore the social media giant should not face further regulation in Australia.

The company tells consumer watchdog it is set to lose $10bn this year in wake of Apple iOS feature hampering ability to collect user data.