laws

Australian competition watchdog warns Google, Facebook laws are just the start

By Jane Wardell



a sign on the side of a building: FILE PHOTO: A sign is pictured outs a Google offcie near the company's headquarters in Mountain View, California


© Reuters/Reuters Staff
FILE PHOTO: A sign is pictured outs a Google offcie near the company’s headquarters in Mountain View, California

SYDNEY (Reuters) – Australia’s competition regulator has warned that planned laws to make the country the first in the world to force Google and Facebook to pay for news content were likely just the start of more regulation for digital platforms.

The Australian government announced legislation last month after an investigation it said showed the tech giants held too much market power in the media industry, a situation it said posed a potential threat to a well-functioning democracy.

Under the code, Google and Facebook will be subject to mandatory price arbitration if a commercial agreement on payment for Australian media cannot be reached.



a man standing in front of a computer: FILE PHOTO: Attendees walk past a Facebook logo during Facebook Inc's F8 developers conference in San Jose


© Reuters/STEPHEN LAM
FILE PHOTO: Attendees walk past a Facebook logo during Facebook Inc’s F8 developers conference in San Jose

“This bargaining code