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ARTICLE · 24 AUGUST 2020

Australia Releases News Media Bargaining Code For Stakeholders' Comments

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Thereafter the Australian Competition and Consumer Commission (ACCC) issued a statement through its Treasurer, Joshua Anthony Frydenberg, that the ACCC would be releasing draft rules around July 2020.

AustraliaMedia, Telecoms, IT, Entertainment
Bijit Das
Bijit Das
Meril Mathew Joy
Meril Mathew Joy
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Digital Platform Inquiry conducted by Australia in 2018-19 concluded that Google and Facebook have distorted local media and advertising markets in ways that makes it hard for publishers to monetise their content and therefore it was recommended that a code can be drafted wherein some consideration flow can be allowed from social media giants like Google, Facebook etc. to publishers of the content.1 Thereafter the Australian Competition and Consumer Commission (ACCC) issued a statement through its Treasurer, Joshua Anthony Frydenberg, that the ACCC would be releasing draft rules around July 2020. A detailed post on Australia relying on Competition law to make tech giants like Google and Facebook to pay for content can be found here.

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