‘Indefensible’: Meta declares war on Australia’s plan to make it pay for news
Meta has strongly criticized the Australian government's plan to require tech companies to fund journalism. The company argues that the proposed News Bargaining Incentive is a discriminatory tax that unfairly targets foreign firms. Meta claims the law is poorly designed and will not achieve a sustainable news industry.
- ▪Meta has labeled the Australian government's plan as a 'discriminatory tax built on a false premise'.
- ▪The News Bargaining Incentive aims to compel Meta, Google, and TikTok to strike deals with news publishers.
- ▪The proposed levy would charge 2.25 percent on the total Australian revenue of these platforms.
Sydney Morning Herald publishes from Australia and files mainly under world. We currently carry 3,141 of its stories.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.