Tech companies invoke possibility of Trump’s wrath in fight against Labor’s media laws
Tech companies are challenging the Albanese government's news media bargaining incentive, claiming it violates the Australia-US free trade agreement. They argue that the proposed measure unfairly targets foreign companies and could provoke retaliation from the Trump administration. Meanwhile, Australian media executives assert that the bill is necessary for fair compensation for news content.
- ▪The news media bargaining incentive requires tech companies to pay Australian media outlets or face a 2.25% levy on local revenues.
- ▪Meta argues that the incentive is a discriminatory tax that violates the free trade agreement between the US and Australia.
- ▪US tech lobby groups have echoed Meta's concerns, suggesting the bill could create disincentives for growth and violate trade obligations.
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The Albanese government’s news media bargaining incentive is the type of measure the Trump administration might retaliate against, one tech industry group says. Composite: Guardian designView image in fullscreenThe Albanese government’s news media bargaining incentive is the type of measure the Trump administration might retaliate against, one tech industry group says. Composite: Guardian designAustralian mediaTech companies invoke possibility of Trump’s wrath in fight against Labor’s media lawsTech giants claim Australia’s free trade agreement with US will be violated as they try to kill a proposal to force them to pay news companies Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Josh Taylor and Amanda MeadeFri 5 Jun…
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