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Australia to force tech giants to keep paying for news
The long-awaited decision follows a standoff with Meta, and succeeds a world-first law from 2021.
The long-awaited decision sets out a successor to a world-first law that Australia passed in 2021, which was designed to make giants like Meta and Google pay for hosting news on their platforms. "Digital platforms receive huge financial benefits from Australia and they have a social and economic responsibility to contribute to Australians' access to quality journalism," Assistant Treasurer Stephen Jones said on Thursday. That code aimed to address what the government called a power imbalance between publishers and tech companies, while offsetting some of the losses traditional media outlets have faced due to the rise of digital platforms.
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