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Facebook and Google to deal with necessary standard procedure to ‘level playing field’ with news media

Byindianadmin

Apr 20, 2020 #Field, #playing
Facebook and Google to deal with necessary standard procedure to ‘level playing field’ with news media

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

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