I think it's understandable that big platforms face problems of scale with moderating ads & content, but one thing I've noticed is that Meta are extremely sensitive in rejecting ads due to images being imperfect or other minor things, yet Facebook & Instagram seem filled with crypto & fake IPO scams. I think they've misallocated moderation resources.
On the other hand, whilst I think the ACCC is right to pursue them over this, does it have anything to do with their previous showdown?
https://www.abc.net.au/news/2022-02-18/facebook-blocked-aust...