INTERNATIONAL

Australia Media Reforms : Parliament Pass Media Reforms After Last Ditch Changes


The Australian Parliament passed a new law designed to force alphabet inc's Google and Facebook inc to pay media companies for content used on their platforms in reforms that could be replicated in other countries.

Australia will be the first country where a government arbitrator will decide the price to be paid by the tech giants if commercial negotiations with local news outlets fail.

The legislation was watered down, however, at the last minute after a standoff between the government and facebook culminated in the social media company blocking all news for Australian users.