SYDNEY - Australia will force U.S. tech giants Facebook Inc and Alphabet Inc’s Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watched around the world.
Following an inquiry into the state of the media market and the power of the U.S. platforms, the Australian government late last year told Facebook and Google to negotiate a voluntary deal with media companies to use their content. "It sends a concerning message to businesses and investors that the Australian government will intervene instead of letting the market work," Mel Silva, managing director of Google Australia and New Zealand, said in a statement.
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