Facebook to restore Australian news pages after tweaks to media laws

Canberra agrees to amend draft law that will force Big Tech to pay for journalism

Facebook
The amendments include an additional two-month mediation period before the government-appointed arbitrator intervenes
Colin Packham and Byron Kaye | Reuters Canberra
2 min read Last Updated : Feb 24 2021 | 2:07 AM IST
Facebook said on Tuesday it will restore Australian news pages after negotiating changes with the government to a proposed law that forces tech giants to pay for media content displayed on their platforms.
 
Australia and the social media group have been locked in a standoff for more than a week after the government introduced legislation that challenged Facebook and Alphabet Inc's Google's dominance in the news content market. Facebook last week blocked Australian users from sharing and viewing news content on its popular social media platform, drawing criticism from publishers and the government. But after a series of talks between Frydenberg and Facebook CEO Mark Zuckerberg, a concession deal has been struck.
 
"Facebook has refriended Australia, and Australian news will be restored to the Facebook platform," Treasurer Josh Frydenberg told reporters in Canberra on Tuesday. Frydenberg said Australia had been a "proxy battle for the world" as other jurisdictions engage with tech companies over a range of issues around news and content.
 
While Big Tech and media outlets have battled over the right to news content in other jurisdictions, Australia's proposed laws are the most expansive and are seen as a possible template for other nations.
 
"Facebook and Google have not hidden the fact that they know that the eyes of the world are on Australia, and that's why they have sought I think to get a code here that is workable," Frydenberg said.
 
Australia will offer four amendments, which include a change to the mandatory arbitration mechanism used when the tech giants cannot reach a deal with publishers over fair payment for displaying news content.
 
"Going forward, the government has clarified we will retain the ability to decide if news appears on Facebook so that we won’t automatically be subject to a forced negotiation," Facebook Vice President of Global News Partnerships Campbell Brown said in a statement online.
 
She said the company would continue to invest in news globally but also "resist efforts by media conglomerates to advance regulatory frameworks that do not take account of the true value exchange between publishers and platforms like Facebook."
 
The amendments include an additional two-month mediation period before the government-appointed arbitrator intervenes, giving the parties more time to reach a private deal.


One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :FacebookAustraliaSocial Media

Next Story