Australian law tells Facebook and Google to pay media firms for content on platforms
Australia is the first nation where a government arbitrator can set the price tech giants pay local media if private talks fail
25 February 2021 - 12:13
Canberra/Sydney — Australia’s parliament passed a law on Thursday to make Alphabet’s Google and Facebook pay media companies for content on their platforms in reforms that countries such as Britain and Canada are looking to replicate.
After robust negotiations in which Facebook blocked all news content in the 13th-largest economy, the vote makes Australia the first nation where a government arbitrator can set the price tech giants pay domestic media if private talks fail...
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