Connect with us

Business

In a world first, Australia plans to force Facebook and Google to pay for news (but ABC and SBS miss out) – Mumbrella

The Australian Competition and Consumer Commission has released its draft news media bargaining code, announced by Treasurer Josh Frydenberg.The draft code allows commercial news businesses to bargain – individually or collectively – with Google and Facebook,…

Published

on

post featured image

The Australian Competition and Consumer Commission has released its draft news media bargaining code, announced by Treasurer Josh Frydenberg.
Frydenberg said the code will attempt to level the playing field
The draft code allows commercial news businesses to bargain individually or collectively with Google and Facebook, in order to be paid for news the tech giants publish on their services.
According to ACCC chair Rod Sims, the code aims to address the bargaining power imbalance between news …

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending