Kuala Lampur, July 29 -- "With social media comes the need for a social licence and a social responsibility."

One would have thought that the statement is said by Fahmi Fadzil, the Madani government spokesman and minister for communications.

But no, it was said by Australian Prime Minister Anthony Albanese, whose government has over time expressed concerns over the lack of regulation and oversight on social media platforms, which in turn have a significant impact on the content viewed by Australians.

In a move to address the unchecked influence of social media platforms, the Australian government announced in May that it would hold a parliamentary inquiry to look into the negative impacts of social media platforms, whose reach and cont...