Facebook Wins a Battle with Aussies But May Lose the War in Long-Term, Observers Say
Sputnik International
https://sputniknews.com/asia/202102231082163043-facebook-wins-a-battle-with-aussies-but-may-lose-the-war-in-long-term-observers-say/
The Australian government has struck a deal with Facebook under which Canberra has agreed to make amendments to its landmark media bargaining legislation, while the tech firm will restore news to Australian pages in the next few days. But the question remains, who gains to gain the most from the pact?
On 23 February, Australian Treasurer Josh Frydenberg and Communications Minister Paul Fletcher announced that they reached a compromise with Facebook CEO Mark Zuckerberg over the Media Bargaining code, which will undergo certain changes while the tech giant, in its turn, will commit to make a significant contribution to local journalism.