Media Chiefs Hail Australia’s Big Tech Announcement

Media Chiefs Hail Australia’s Big Tech Announcement
Newspaper front pages of media group Fairfax in Sydney on May 7, 2014. Saeed Khan/AFP via Getty Images
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Australian news companies have hailed the federal government’s decision to compel the tech giants to pay for content.

Treasurer Josh Frydenberg, along with Communications Minister Paul Fletcher, issued a joint statement on April 20 instructing the Australian Competition and Consumer Commission (ACCC) to develop a code of conduct.