Saturday 17 April 2021
Home      All news      Contact us      RSS     
scmp - 2 month ago

Australia passes world-first law forcing Facebook, Google to pay for news

Australia’s parliament passed a world-first law to force digital giants such as Facebook and Google to pay local publishers for news content – a move that may unleash more global regulatory action to limit their power.The legislation was passed on Thursday and will ensure “news media businesses are fairly remunerated for the content they generate”, Treasurer Josh Frydenberg said in a statement.“The code is a significant microeconomic reform, one that has drawn the eyes of the world on the…


Latest News
Hashtags:   

Australia

 | 

passes

 | 

world

 | 

first

 | 

forcing

 | 

Facebook

 | 

Google

 | 

Sources