D-day is on the horizon for Meta

Original article by James Madden
The Australian – Page: 19 : 9-Dec-24

The federal government will shortly decide whether to ‘designate’ Facebook parent Meta under the news media bargaining code. This would force the digital giant to negotiate revenue-sharing deals with Australian news publishers, almost a year after it announced plans to terminate these arrangements. A spokesman for Assistant Treasurer Stephen Jones has downplayed suggestions that a decision on designating Meta is imminent, although sources have indicated that the government will act before Christmas.

CORPORATES
META PLATFORMS INCORPORATED, FACEBOOK, AUSTRALIA. DEPT OF THE TREASURY

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