Microsoft is teaming up with European publishers to push for a system to make big tech platforms pay for news, raising the stakes in the brewing battle led by Australia to get Google and Facebook to pay for journalism. The EU’s internal market commissioner, Thierry Breton, expressed support for Australia, in the latest sign Facebook’s move has backfired. Microsoft is joining forces with two lobbying groups, the European Publishers Council and News Media Europe, along with two groups representing European newspaper and magazine publishers, which account for thousands of titles. Publishers “might not have the economic strength to negotiate fair and balanced agreements with these gatekeeper tech companies, who might otherwise threaten to walk away from negotiations or exit markets entirely,” the group said in a joint statement. They said they will “take inspiration” from proposed legislation in Australia to force tech platforms to share revenue with news companies and which includes an arbitration system to resolve disputes over a fair price for news.-AP
Source: The Standard February 23, 2021 07:59 UTC