EU ready to follow Australia's lead on making Big Tech pay for news

Facebook has also warned it will stop users in Australia from sharing news if the legislation is passed in its current form

The European Union lawmakers overseeing new digital regulation in Europe want to force Big Tech firms to pay for news, echoing a similar move in Australia and strengthening the hand of publishers against Google and Facebook, says an article published in the Financial Times on Tuesday.
 
The initiative from members of European Parl­iam­ent (MEPs) would be a serious blow to Google, which has thr­eatened to leave Australia in protest at a planned new law that would compel it to pay for news.
 
Facebook has also warned it will stop users in Australia from sharing news if the legislation