Australia's competition watchdog suggested Tuesday that local media could organise a 'collective boycott' of Google and Facebook to force the tech ...
Australia's competition watchdog suggested Tuesday that local media could organise a"collective boycott" of Google and Facebook to force the tech giants to pay for news they put on their platforms.19 May 2020 07:09PMSYDNEY: Australia's competition watchdog suggested Tuesday that local media could organise a"collective boycott" of Google and Facebook to force the tech giants to pay for news they put on their platforms.
"A collective boycott, or the threat of a collective boycott, may encourage each of Google and Facebook to offer news media businesses more appropriate remuneration for the use of their content," it said. The ACCC is tasked with drawing up a"code of conduct" for payments and addressing other competition concerns with the tech titans.
The two firms have had a huge impact on media companies across the globe as they capture the lion's share of online advertising spending.
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