Topic: Australia - Facebook agreed After protracted media law negotiations
Mr. Josh Frydenberg The Minister of Finance of Australia told CNBC that Negotiations with Facebook about the New Media Law, or News Media and Digital Platforms Mandatory Bargaining Code, were lengthy and cumbersome. But in the end, both sides were able to resolve the conflict between them.
Last week The Australian ทางเข้า slotxo parliament has approved a new law that will force tech companies like Facebook and Google to pay news content to the media.
Before passing the said law Facebook responded by blocking Australian users from viewing or sharing news on Facebook. And the Australian government has criticized the action. Before, later, Facebook changed its position after reaching an agreement with the Australian government.
Frydenberg told CNBC yesterday: "It's a challenging negotiation."
"In the part of that Facebook We are deeply disappointed by their stance that has blocked Australia news from their platform. But since then We have also begun working on resolving our conflicts. And I think we have reached an agreement. "
Mr. Friedenberg said.
The talks resulted in the Australian government making a last-minute change to the law before its official approval.
"Facebook is now in an honest negotiation process with Australian media businesses," said Friedenberg. It indicates a letter of intent signed by Seven West Media, the owner of the Seven Broadcast Network, to provide news content services to Facebook.