Australia has become the world’s first nation to make digital companies such as Facebook and Google pay domestic news outlets for their content.
Parliament approved the law Thursday that would allow a government arbitrator to decide the price a digital company should pay news outlets if the two sides fail to reach an agreement.
The final legislation includes a set of amendments as part of an agreement reached Tuesday between the Australian government and Facebook. The amendments include a two-month mediation period that would give social media giants and news publishers extra time to broker agreements before they are forced to abide details ⇒
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