Australia has passed a world-first law that will compel Google and Facebook to pay media companies for content on their platforms.
The News Media Bargaining Code makes Australia the first nation where the government is able to set the price tech companies pay domestic media for hosting content on their platforms if private negotiations break down.
The code was fiercely opposed by US tech giants, with Facebook blocking news content from Australian users on its platform in response to its passage through the lower house of Australia’s parliament.