Original article by Paul Smith
The Australian Financial Review – Page: 19 & 22 : 28-Apr-20
The Australian Competition & Consumer Commission will implement a mandatory revenue-sharing code of conduct for digital companies by July, after the federal government scrapped plans for a voluntary code. Google’s Australian MD Melanie Silva has rejected claims that it was "dragging its feet" in negotiations for a voluntary code, and that it will co-operate fully with the ACCC in developing the mandatory code. It has been suggested that news publishers could receive hundreds of millions of dollars in extra revenue under the code.
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE AUSTRALIA PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED