No longer voluntary: The Asia-Pacific Tipline for 24 April 2020
A combination of the covid-19 pandemic and a lack of progress on negotiations has led to the Australian government directing the country’s competition watchdog to create a mandatory code under which Google and Facebook will have to pay news outlets for their content. The goal is to fix a problem that has plagued the news industry for more than a decade – declining revenues, in the face of massive technological advances and the proliferation of the internet and social media. Other countries have toyed with the idea of forcing the tech giants to pay for content, but Australia – with an aggressive competition authority and political will to tackle the issue – could execute its plan.
To read more
Subscribe to Global Competition Review
Subscribe and start reading now
Global Competition Review (GCR) is a leading global provider of competition law, regulation and enforcement information, combining data, deep market insight and a user-centric platform to provide our clients with powerful legal solutions.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10