Facebook Strikes Deal to Restore News Sharing in Australia

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Facebook Strikes Deal to Restore News Sharing in Australia

Facebook had vigorously objected to the code, which would curb its power and drive up its spending for content, as well as setting a precedent for other governments to follow. The company had argued that news would not be worth the hassle in Australia if the bill became law.

But on Monday, Facebook returned to the negotiating table after the Australian government granted a few minor concessions. Under several amendments to the code, Facebook would get more time to cut deals with publishers so it would not be immediately forced into making payments. The amendments also suggested that if digital platforms had significantly contributed to the Australian news industry, the companies could avoid the code entirely, at least for now.

Publisher: www.nytimes.com
Date: 2021-02-23T04:40:26.000Z
Reference: Visit Source (Read Article)

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