Australia’s News Media and Digital Platforms Mandatory Bargaining Code Bill 2020
- February 20, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Australia’s News Media and Digital Platforms Mandatory Bargaining Code Bill 2020
Subject: International events
Context: The Australian PM reached out to Indian PM in a bid to form a coalition against Big tech vs issue of their compensation to the news platforms.
Concept:
- A faceoff between the state and global tech giants in Australia over compensation for sharing news content from media companies on their platforms saw Australian govt reaching out to countries like India, Canada, France, UK to build a global coalition against misuse of dominant position by global giants.
- Under the proposed law a bargaining code is envisaged that aims to force Google and Facebook to compensate media companies for using their content.
- While the Google has agreed out to pay the news organizations (already doing in countries like France under different model), the Facebook has decided to black out news content in the country in Australia.
- The Google launched the News Showcase platform that offers news that Google has paid for through its own content agreements with publishers.