{"id":107817,"date":"2021-02-24T04:07:55","date_gmt":"2021-02-24T04:07:55","guid":{"rendered":"https:\/\/fin2me.com\/?p=107817"},"modified":"2021-02-24T04:07:55","modified_gmt":"2021-02-24T04:07:55","slug":"australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/","title":{"rendered":"Australian lawmakers expected to pass amendments to Facebook, Google law"},"content":{"rendered":"
Slideshow ( 2 images )<\/span><\/figcaption>

CANBERRA (Reuters) – Australian lawmakers are expected to approve amendments to landmark legislation to force Alphabet\u2019s Google and Facebook to pay media companies for news content, despite opposition from some minor political parties.<\/p>\n

The government introduced amendments to the so-called Media Bargaining Code after Facebook last week escalated a dispute over the new laws by blocking Australian users from sharing and viewing news content on its popular social media platform.<\/p>\n

Australia\u2019s Senate began debating the amendments on Wednesday. The ruling conservative Liberal Party does not have a majority in the upper house, but support from the opposition Labor Party is expected to be enough to pass the bill.<\/p>\n

Facebook on Tuesday said it would restore Australian users\u2019 access to news in light of the compromise it had reached with the government.<\/p>\n

In one major change, Australian Treasurer Josh Frydenberg will be given the discretion to decide that either Facebook or Google need not be subject to the code, if they make a \u201csignificant contribution to the sustainability of the Australian news industry.\u201d<\/p>\n

The original legislation had required the tech giants to submit to forced arbitration if they could not reach a commercial deal with Australian news companies for their content, effectively allowing the government to set a price.<\/p>\n

Some politicians are concerned the change allows Frydenberg to exempt Facebook or Google from the new laws even if they do not strike deals with all media companies.<\/p>\n

\u201cThis changes the bill significantly,\u201d independent senator Rex Patrick, who plans to vote against the amended bill, told Reuters. \u201cThe big players could successfully negotiate with Facebook or Google. The minister then doesn\u2019t designate them, and all the little players miss out.\u201d<\/p>\n

Frydenberg has said he will give Facebook and Google time to strike deals with Australian media companies before deciding whether to enforce his new powers.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Slideshow ( 2 images )CANBERRA (Reuters) – Australian lawmakers are expected to approve amendments to landmark legislation to force Alphabet\u2019s Google and Facebook to pay […]<\/p>\n","protected":false},"author":3,"featured_media":107816,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nAustralian lawmakers expected to pass amendments to Facebook, Google law - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian lawmakers expected to pass amendments to Facebook, Google law - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Slideshow ( 2 images )CANBERRA (Reuters) – Australian lawmakers are expected to approve amendments to landmark legislation to force Alphabet\u2019s Google and Facebook to pay [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-24T04:07:55+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/02\/cnewsfotor18-4.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/\",\"url\":\"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/\",\"name\":\"Australian lawmakers expected to pass amendments to Facebook, Google law - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-02-24T04:07:55+00:00\",\"dateModified\":\"2021-02-24T04:07:55+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/fin2me.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Australian lawmakers expected to pass amendments to Facebook, Google law\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australian lawmakers expected to pass amendments to Facebook, Google law - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/","og_locale":"en_US","og_type":"article","og_title":"Australian lawmakers expected to pass amendments to Facebook, Google law - Fin2me","og_description":"Slideshow ( 2 images )CANBERRA (Reuters) – Australian lawmakers are expected to approve amendments to landmark legislation to force Alphabet\u2019s Google and Facebook to pay [...]","og_url":"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/","og_site_name":"Fin2me","article_published_time":"2021-02-24T04:07:55+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/02\/cnewsfotor18-4.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/","url":"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/","name":"Australian lawmakers expected to pass amendments to Facebook, Google law - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-02-24T04:07:55+00:00","dateModified":"2021-02-24T04:07:55+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/markets\/australian-lawmakers-expected-to-pass-amendments-to-facebook-google-law\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/fin2me.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Australian lawmakers expected to pass amendments to Facebook, Google law"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/107817"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=107817"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/107817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/107816"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=107817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=107817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=107817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}