Australian Government Moves Forward with Making Tech Giants Pay News Publishers: Business Casual

Google and Facebook have been under increasing scrutiny for their power. Australia aims to confront that power head-on with a recent code drafted by the Australian Competition and Consumer Commission (ACCC). The draft forces the tech giants to pay Australian publishers in order to share their digital content.

Powered by RedCircle

Australia’s move aims to “create a level playing field and a fair-go,” said Australian Treasurer Josh Frydenberg. Google expresses deep concern at the action, arguing that it intervenes with the free market and disincentives innovation. Facebook continues to review the proposal and how it may affect their business.

Business Casual hosts Daniel Litwin and Tyler Kern explore the ethical and economic implications of such a regulatory move, posing the question “Could this happen in the US?”

Follow us on social media for the latest updates in B2B!

Latest

Workforce Education Will Be Industrialized Construction’s Path to Success
September 28, 2021
It is projected that by 2035, most buildings will be constructed by industrialized construction. This should be a point of optimism for the industry; IC allows manufacturing and construction to merge, which Read more
Creating Future Ready Schools: Beyond the Classroom
September 28, 2021
   On this episode of Beyond the Classroom, Host Tyler Kern discussed future-ready learning with Ron Stefanski, Executive Director, Strategic Partnerships at Centric Learning, and Dr. Kevin Brown, Read more
Houses of Worship Take Center Stage at CFX 2021
September 27, 2021
This week, Tradeshow TV powered by InfoComm and MarketScale, we take a look at the House of Worship market at the Church Facilities Expo in Dallas, to touch base on how this live events market adjusted its AV Read more