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Facebook to restore Australian news pages

Date: 24 February 2021 Tags: Miscellaneous
  • Facebook will restore Australian news pages after Canberra offered amendments to a proposed law designed to force tech giants to pay for media content displayed on their platforms.
  • Australia and the social media group have been locked in a standoff for more than a week after the government introduced legislation that challenged Facebook and Alphabet Inc’s Google’s dominance in the news content market.
  • Facebook last week blocked all news content and several state government and emergency department accounts. But after a series of talks, a concession deal has been struck.
  • Australia will offer four amendments, which includes a change to the mandatory arbitration mechanism used when the tech giants cannot reach a deal with publishers over fair payment for displaying news content.