Original article by Miranda Ward
The Australian Financial Review – Page: Online : 7-Jan-21
Google Australia has repeated previous claims that the federal government’s proposed bargaining code between traditional media companies and digital companies will ‘break’ the way its search function works. Google does not object to the principle of paying to support journalism, but contends it should be done differently to what the government is proposing. It argues that its $1.3 billion global licensing program is the best mechanism for it to negotiate with media publishers and pay for their content, while it contends the government’s code will favour some media companies over others.
GOOGLE AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC