This vital legislation must be enacted by the end of June
The initial reaction from the U.S.-based Big Tech platforms and services was not a stellar day for good corporate citizenship or customer relations. Google’s response was, “It would give us no real choice but to stop making Google Search available in Australia.” While Facebook, now Meta, responded by following through on its threat to cut off Australian users, at least temporarily.
Rod Sims, past chair of the Australian Competition & Consumer Commission wrote in an email to us that the Code had been “stunningly successful” and estimated the deals have pumped “well north of $200 million a year” into the Australian news industry. He added that the Code has “resulted in strong hiring environments for Australian journalists.”
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