Patrick Frater Asia Bureau ChiefAustralia is getting closer to moving ahead with controversial legislation that will make the U.S.
tech giants pay local companies for news. Other measures to contain their influence are also on the cards.The “Draft Mandatory Code of Conduct Governing Digital Platforms and Media Businesses” was announced on Friday by Treasury Minister Josh Frydenberg.
The code was prepared by the Australian Competition and Consumer Commission, and now is open to a month of consultation before it becomes legislation.The draft code will require technology giants such as Google and Facebook to “negotiate in good faith” payments to digital media companies, Frydenberg said.
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