Local news media, including The Spinoff, Stuff, the NZ Herald and the Otago Daily Times, is seeking Commerce Commission approval to collectively bargain with Facebook and Google. Their free services are powered by highly sophisticated data-scraping that allows them to target advertisements to search and social media users. Australia has shown a different pathAll over the world, media and governments are grappling with how to deal with the relationship between the tech giants and the news media. Over the Tasman, their competition authority has recognised the power imbalance that exists between the tech giants and the local media. And that such deals do not impact either the services, the innovation or the profitability of the tech giants.

Source: Stuff November 25, 2021 07:54 UTC