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Australia to force Google, FB to pay for news

Jul 31, 2020 17:49 IST

The Australian government has unveiled its plan to force tech giants such as Google and Facebook to pay news outlets for their content. The first-of-a-kind "mandatory code of conduct" drafted by Australia's competition regulator comes after a failure of 18 months of negotiations between the tech companies and media platforms. Google said it is concerned that the Australian government intervenes “instead of letting the market work”. Facebook had earlier suggested that it could remove Australian news from its platform if such requirements were imposed.