Australia passes law forcing Google, Facebook to pay media companies
Published: Feb 25, 2021 2:52 AM | Updated: Feb 25, 2021 3:02 AM
The Australian parliament on Thursday passed a new law designed to force Alphabet Inc’s Google and Facebook Inc to pay media companies for content used on their platforms in reforms that could be replicated in other countries.
Australia will be the first country where a government arbitrator will decide the price to be paid by the tech giants if commercial negotiations with local news outlets fail.
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