Google, Facebook to Face Negotiations With Media Group Authorised by Australian Regulator

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Australia’s competition watchdog said on Thursday it issued draft proposals to authorise regional newspaper industry group, Country Press Australia, to negotiate with Google and Facebook for payments for news satisfied on their platforms.

Country Press Australia (CPA) is looking for authorisation to allow its members to hammer out a payments handle Google and Facebook to be used of news satisfied on the tech platforms, the Australian Competition and Consumer Commission (ACCC) said.

CPA represents 81 news publishers that publish approximately 160 regional newspapers across the country.

“Allowing the publishers of 160 newspapers to collectively negotiate with Google and Facebook must help address one of the most appreciable bargaining power imbalance that exists between the digital giants and these native news outlets,” ACCC Chairman Rod Sims said in a remark.

The proposed authorisation, which would expire after 10 years, follows an interim authorisation granted by the ACCC to CPA in April to commence the negotiations.

Earlier this year, Australia passed a law that mandated america tech giants to pay media companies for news satisfied on their platforms.

© Thomson Reuters 2021

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