US attacked Australia's extraordinary plan on Monday, to make Google and Facebook pay for news. In addition, US urged the Australian government to ditch draft media laws that would force tech giants to pay news organisations for sharing their content, according to Guardian report.
Meanwhile, the laws also allows for an arbiter to have the final say if news companies and the US tech giants can’t agree on a fair price and it requires the latter to provide media outlets with 14 days advance notice of algorithmic changes that would affec t their business.
In contrast, the office of the US trade representative reported that the proposed world-first laws may result in harmful outcomes. Also, it called on the Australian government to shelve the proposal, arguing that directly intervening in the market to distribute advertising revenue was extraordinary and a significant step that needs to be carefully thought through and justified.
On other hand, US noted that would be preferable to pursue additional market study and consultation to identify a specific market failure that might be addressed first though a voluntary code, and if demonstrably ineffective, through Australia’s regulatory rule-making process where stakeholders can participate by weighing in on options and providing evidence in support of or opposition to specific proposals, the submission states.
Follow the latest news on Google News
