Share this Story: John Hinds: Canada must stand with Australia against Facebook and GoogleJohn Hinds: Canada must stand with Australia against Facebook and Google Photo by CHRIS DELMAS / AFP via Getty ImagesArticle content Last month in Australia, Facebook showed its true face, and Canadians should take notice. Try refreshing your browser, or John Hinds: Canada must stand with Australia against Facebook and Google Back to video The fact is this disturbing situation is the norm in democracies around the world, where the two internet monoliths use their market control to scoop up the lion’s share of online advertising revenues (in Canada, Google and Facebook hoover up 80 per cent of internet ad revenues). Article content Australia has been one of the first countries to stand up for its media and fight back against the web monopoly. They’re bringing in new rules to force Google and Facebook to share online ad revenues with news providers, and requiring them to provide compensation for news stories. In fact, Google and Facebook have been counting on a strategy of divide and conquer.

Source: National Post March 05, 2021 11:03 UTC