It was only a matter of time until the thumbscrews were tightened again. The state media authorities should take care of social platforms more intensively in the future to ensure "discoverability" and "prominence" - this is demanded by the Minister of State for Culture. He speaks of "fair" (translated)
The Australian government has introduced a bill to impose stricter sanctions on tech giants Meta, Google, and TikTok, compelling them to negotiate agreements with local media for fair compensation as traditional media struggle amidst the rise of free social media platforms, with penalties of 2.25% of their Australian revenue for noncompliance, while also preventing these companies from removing news content from their platforms. #TechRegulation #MediaIndustry #DigitalPlatforms #AU
