Published.
April 20, 2020 00: 00:07
The Federal government has ordered the competition watchdog to establish a compulsory code of conduct to govern business negotiations between tech giants and news media companies.
Bottom line:
- Treasurer Josh Frydenberg states “it’s only fair that those who produce material get paid for it”
- The ACCC thought it was “unlikely” digital giants would reach a voluntary contract over the concern of payment
- COVID-19 has actually sped up