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A symbiotic relationship

Tech giants and media must have a revenue-sharing model

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Business Standard Editorial Comment New Delhi
A year-long argument between the Australian government and tech giants Google and Facebook is coming to a head. Australia has come up with a law that asks Google and Facebook to pay Australian media for the content used in search, and social media. Google says this sets an “untenable precedent” and has threatened to withdraw its search engine from Australia. This follows similar negotiations in France, where Google recently signed an agreement to pay accredited French media organisations. Several other EU nations are looking at similar arrangements on the back of changes in pan-EU copyright laws in 2019. However, Google

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