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Australian regulator 'concerned' about Facebook's approach to media law

Facebook and Google must negotiate with news outlets for content that drives traffic to their websites, Australian regulator's code says.

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Byron Kaye | Reuters
The Australian regulator behind a law forcing large internet platforms to negotiate licencing deals with media outlets said on Monday he was "concerned" about Facebook Inc's cooperation, seven months after the rule took effect.
 
Under the News Media Bargaining Code, the social media giant and Alphabet Inc's Google must negotiate with news outlets for content that drives traffic to their websites or face possible government intervention.
 
"Google is still negotiating and finalising deals with more news media companies and seems to be approaching this exercise in the right spirit," Australian Competition and Consumer Commission Chair Rod Sims said in a

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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