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Facebook s brief but tempestuous standoff with the Australian government over a world-first pay-for-news law is only the start of a string of regulatory battles that the world’s biggest social network faces in 2021.
Mark Zuckerberg started the year on the offensive, blocking news across Rupert Murdoch’s home turf of Australia to fend off demands that Facebook pay media companies for content shared on its platform.
On Tuesday, Mr Zuckerberg struck a compromise after last-minute talks with the government on the legislation that’s also aimed at Google and is expected to pass Australia’s parliament this week. But a regulatory domino effect is already underway, with publishers pressuring the European Union to emulate Australia’s approach.
Domino effect: Facebook faces a year of reckoning
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Facebookâs brief but tempestuous standoff with the Australian government over a world-first pay-for-news law is only the start of a string of regulatory battles that the worldâs biggest social network faces in 2021.
Mark Zuckerberg started the year on the offensive, blocking news across Australia to fend off demands that Facebook pay media companies for content shared on its platform.
Mark Zuckerbergâs Facebook is under global regulatory pressure.
Credit:Bloomberg
A proposed bill in the Australian parliament that would require Facebook and Google to pay news outlets for content has cleared its final hurdle, and Facebook has agreed to restore access to news pages in the country after the government agreed to small changes to the legislation.