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Australia Explores Involving Mediators Regarding Payment of News Content on Facebook

Australian authorities are capable of engaging mediators to determine payments by social networking service company Facebook or other internet companies such as Google.

This is related to the traffic that arises from the news content that users upload thereThis plan will occur if Facebook cannot reach an agreement with the local media company on the payment of traffic from this content.

HoweverFacebook management objected to being subject to an unlimited royalty payment schemeOn this matter Facebook management representatives have not commented.

At the same timeGoogle’s local management said that it has reached an agreement with many Australian media on contentThe chairman of the competition regulatorRod Sims of the Australian Competition and Consumer Commission (ACCC), said Australia has no plans to impose taxes on large technology companiesAustralia also does not want to subsidize other companies on this issueHoweverGoogle said that a draft law on the matter is under discussion and may harm search engine services.

“This is a question of power imbalance in the market and this is important for the future of our society,” Sims said as reported by Reuters on Thursday, 17 September 2020.  Sims added: “If there is a competitive market, then you don’t need this rule.”

Sims said that if Facebook stops sharing news about the service to avoid being hit by the terms of the bill under discussionthen the company may “get worse” on another issue.

Simss statement is related to the Australian governments request that Facebook management pay for news content that appears on social networking sites and brings Internet traffic.Australia Explores Involving Mediators Regarding Payment of News Content on Facebook

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