'We don't respond to coercion': Frydenberg rejects Facebook news boycott threat | zoesam93 CroweDM
Treasurer Josh Frydenberg has angrily dismissed a threat by social media giant Facebook to ban news from its platform in Australia, warning the government will not respond to coercion.from being shared on its main app and Instagram in Australia in response to a new regulatory code that would force it and Google to pay publishers for content. Google has also pushed back against the code."Australia makes laws that advance our national interest.
Mr Frydenberg announced plans to introduce a compulsory code to regulate the platforms in April. The first version of the code, announced by the ACCC in July, giveswith media companies before an independent arbitrator is called in to impose a compulsory arrangement. The code also asks the tech giants to give advance notice of algorithm changes and information on how and when Google and Facebook make data available for publisher., threatening to block news content on its site in Australia.
Communications Minister Paul Fletcher said the "heavy handed threats" would not distract from the public policy process. "We find it a strange response as it is a demonstration of Facebook’s use of its monopoly power while failing to recognise the importance of reliable news content to balance the fake news that proliferates on their platform," a Nine spokesperson said. "We are ready to engage and hope to come to a constructive outcome with Facebook which will work for both of us and importantly the Australian community.
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