Australia to Force Tech Giants Like Meta and Google to Pay for News Content
New Rules Aim to Create Financial Incentives for Agreement-Making Between Digital Platforms and Australian Media Australia is set to introduce new regulations that will force major tech companies like Meta and Google to pay Australian media organizations for the news content shared on their platforms. Assistant Treasurer and Minister for Financial Services Stephen Jones announced the “News Bargaining Initiative” on Thursday, highlighting the government’s intention to create a financial incentive that encourages negotiations between digital platforms and local media companies. This new approach is aimed at leveling the playing field for Australian news publishers, who argue that tech giants profit … Continue reading Australia to Force Tech Giants Like Meta and Google to Pay for News Content
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