Australia passes landmark law requiring tech firms to pay for news2 min read . Updated: 25 Feb 2021, 06:11 AM IST
- The law passed easily after a last-gasp deal that watered-down binding rules Facebook and Google had fiercely opposed
- The government said the law, called the News Media and Digital Platforms Mandatory Bargaining Code, would ensure that news businesses 'are fairly remunerated'
Australia's parliament passed landmark legislation Thursday requiring global digital giants to pay for local news content, in a move closely watched around the world.
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