An Interest In:
Web News this Week
- April 3, 2024
- April 2, 2024
- April 1, 2024
- March 31, 2024
- March 30, 2024
- March 29, 2024
- March 28, 2024
April 19, 2020 09:40 pm
Illustration by Alex Castro / The Verge
Original Link: https://www.theverge.com/2020/4/19/21227263/australia-facebook-google-ad-revenue-media-coronavirus-economy
Australia will compel Facebook and Google to pay media outlets for news content
Illustration by Alex Castro / The Verge
The Treasurer of Australia has ordered that country’s competition watchdog to create a code of conduct for Facebook and Google which would force the tech giants to pay Australian media companies for using their content, ABC News (AU) reports. The Australian Competition and Consumer Commission was working on developing a voluntary code of conduct, but told the Australian government it was “unlikely” to get a voluntary agreement around the issue of payment for content.
The ACCC was working on the code as part of a series of recommendations from its 2019 digital platforms inquiry. The report from that inquiry found — in addition to privacy concerns— that in Australia, Google and Facebook were taking a large share of online advertising...
Original Link: https://www.theverge.com/2020/4/19/21227263/australia-facebook-google-ad-revenue-media-coronavirus-economy
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge