New regulations in Australia affect Google, Facebook and the like

[paxmao]

Australia intends to charge news aggregators and other for showing the news from media. Google has started to use that to create partnerships, thus enhancing his grip and monopoly while Facebook has been reactive by blocking news from Australia.

I think that Google has made the right move.

[jrrsparkles]

If I am not wrong, google is the company who said they will stop their services in Australia if such law passed, but now they accepted it and making money with the partnership?

[paxmao]

If I am not wrong, google is the company who said they will stop their services in Australia if such law passed, but now they accepted it and making money with the partnership?

Facebook has reached and agreement with the Murdoch Group and there will be many others. While Australia gets away with the tax, Facebook has used the opportunity to enhance its competitive "moat" by reaching agreements that will keep away possible small challengers. It will only benefit the big on the end.

[Rruchi man]

Australia intends to charge news aggregators and other for showing the news from media.

With this new development, I envisage a situation where other countries of the world will follow suit, and pass new regulations as well that will see local outlets been compensated for their media work being featured on their page. This move will see that the earnings of local media personnel's will increase for the better.