Australian media to bargain with tech giants for payment if new ACCC mandatory code is adopted

Australian news publishers will be able to bargain with Google and Facebook for fair payment for news content if the mandatory code released today by the industry watchdog is adopted.

The Australian Competition and Consumer Commission (ACCC)’s draft mandatory code will require the tech giants to take part in negotiations on fair payment for content, with the negotiations to be concluded within three months or else enter arbitration.

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