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Tech giants revolt over News Bargaining Code, a proposed law before parliament
Facebook and Google both threatened withdrawing major services in Australia
Threats include no news in the News Feed for Australian Facebook users
Google says it could stop making Google Search available in Australia
US Government pressured Australia to scrap the law, suggested voluntary code
Condemnation of tech giant threats from politicians, industry and other experts
Google search withdrawal would be significant impact on small business
Facebook News Feed disruption very concerning but people would adjust
Google, Facebook withdrawals would mean opportunities for competitors
Savvy tech users unfazed, would use VPN networks to reach Google, Facebook