Business
Google, Facebook racing against the clock for changes to media code – Sydney Morning Herald
The news media bargaining code, which will force Google and Facebook to compensate media companies for their news content, could become law as early as next week….
In a sign the government anticipates its swift passage through the Senate, Mr Frydenberg and Mr Fletcher said the code would be reviewed by Treasury after one year to ensure it is delivering outcomes that are consistent with the governments policy intent.
The Treasurer has described the laws as a world first and said they would ensure news media businesses were fairly remunerated for the content they generated and from which digital platforms benefited.
The Senate committee delivered its findings…
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