After Facebook’s news flex, Australia passes bargaining code for platforms and publishers

After Facebook’s news flex, Australia passes bargaining code for platforms and publishers

3 years ago
Anonymous $rH7oE7DjRg

https://techcrunch.com/2021/02/25/after-facebooks-news-flex-australia-passes-bargaining-code-for-platforms-and-publishers/

A week after Facebook grabbed eyeballs globally by blocking news publishers and turning off news-sharing on its platform in Australia, the country’s parliament has approved legislation that makes it mandatory for platform giants like Facebook and Google to negotiate to remunerate local news publishers for their content, to take account of how journalism is shared on their platforms.

The News Media and Digital Platforms Mandatory Bargaining Code was developed in conjunction with Australia’s Competition and Consumer Commission (ACCC) with the aim of addressing the power imbalance that exists between digital platforms and news businesses.