Google and Facebook Forced to Pay Media by Australian Government

Google and Facebook Forced to Pay Media by Australian Government
Treasurer Josh Frydenberg gives a press conference at Parliament House in Canberra, Australia on Nov. 27, 2018. Tracey Nearmy/Getty Images
|Updated:
Following a wave of support to speed up the regulation of Google and Facebook, the Australian government on Monday announced that it will introduce a mandatory code to force the tech giants to pay publishers for content.
Treasurer Josh Frydenberg, along with Communications Minister Paul Fletcher, issued a joint statement today, instructing the Australian Competition and Consumer Commission (ACCC) to develop the code.