Feb 25, 2021
Australia passes law to make Google and Facebook pay for news
Australia has passed a world-first law aimed at making Google and Facebook pay for news content on their platforms. The government argues its News Media Bargaining Code will prescribe a "Fairer" negotiation process between the tech giants and news companies over the value of news content. The tech firms argue they already help news publishers by driving traffic back to news sites from their platforms. Facebook's ban on news content - a threat it foreshadowed last year - was reversed after four days. As more news readership has shifted online, tech giants have faced calls internationally to pay more for news stories hosted on their platforms.
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