Facebook had restricted access to news for its Australian users as it negotiated changes to the legislationAustralia’s parliament has passed the world’s first laws to make digital media giants including Facebook and Google pay news organisations for content. The legislation, which is likely to spur other nations into similar action, is intended to ensure that organisations producing news content are fairly compensated when digital platforms such as Facebook link to their output. Sponsored“The code is a significant microeconomic reform, one that has drawn the eyes of the world on the Australian parliament,” John Frydenberg, Australia’s treasurer, said after the laws passed through parliament. He said the new laws, known as the news media bargaining code, would benefit journalism. “The code will ensure that news media businesses are fairly remunerated for the content they generate, helping to sustain public interest journalism in

Source: The Times February 25, 2021 09:03 UTC