A definitive new report on Australia’s media bargaining plan explains how it’s functioning to get tech giants to pay back for news content.
The timing is perfect. U.S. and Canadian lawmakers are operating on identical policies to support information retailers attain fair payment from dominant platforms profiting from their information material.
Canada’s variation superior this week with potent support in its Dwelling of Commons.
A U.S. model, the Journalism Level of competition and Preservation Act sponsored by Sen. Amy Klobuchar, is staying revised with amendments that could be filed this month. Ideally, it would be advancing with Klobuchar’s antitrust monthly bill working with tech giants’ self-preferencing but that bill moved ahead as JCPA negotiations dragged on.
Australia’s coverage was created to address the imbalance of electricity when information media corporations offer with platforms, Rod Sims, previous chair of Australia’s levels of competition authority, wrote in the report.
The aim