Australian news law challenges big tech companies
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Australia’s parliament passed the final amendments to the News Media Bargaining Code on Feb. 25, which force Google and Facebook to pay for news, according to
The news code pushes the tech giants and news organizations to arrange payment deals between themselves. According to BBC, the code also requires Facebook and Google to invest millions of dollars in local digital content.
“The purpose of the code is to address the market power that clearly Google and Facebook have,” said Rod Sims, the Australian Competition and Consumer Commision chair that drafted the code. “Google and Facebook need media, but they don’t need any particular media company and that meant media companies couldn’t do commercial deals.”
Date: 20 Apr 2021
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Google Australia Managing Director Melanie Silva told Aussie senators last month that the news media bill, as it stood at the time, would result in a revocation of the.
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