RG Richardson

Author economic and city guides.

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Australia to make Facebook, Google pay for news in world first – Reuters

Australia will become the first country to require Facebook and Google to pay for news content provided by media companies under a royalty-style system that will become law this year, Treasurer Josh Frydenberg said.“It’s about a fair go for Australian news media businesses. It’s about ensuring that we have increased competition, increased consumer protection, and a sustainable media landscape,” Frydenberg told reporters in Melbourne.

Source: Australia to make Facebook, Google pay for news in world first – Reuters

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