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Facebook to lift ban on Australia's news after standoff as Canberra agrees to amend law forcing Big Tech to pay media

Added 02-23-21 12:37:02am EST - “Facebook has vowed to revive thousands of Australian news pages after the local government said it would amend its new media code, which requires web platforms to pay for news content, following a weeklong standoff.” - Rt.com

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Posted By TheNewsCommenter: From Rt.com: “Facebook to lift ban on Australia's news after standoff as Canberra agrees to amend law forcing Big Tech to pay media”. Below is an excerpt from the article.

Treasurer Josh Frydenberg said Facebook had promised “to restore Australian news pages in the coming days” in a statement on Tuesday, noting the Scott Morrison administration would soon introduce “further amendments” to the media bargaining code.

“These amendments will provide further clarity to digital platforms and news media businesses about the way the Code is intended to operate and strengthen the framework for ensuring news media businesses are fairly remunerated,” Frydenberg said.

News is coming back to Facebook. Government has agreed to amendments to code, per Josh Frydenberg release. pic.twitter.com/EOpybYcGcl

The treasurer gave a broad description of what the new amendments would do, suggesting they would refine how the government designates platforms to account for whether they have made “a significant contribution” to the Australian media industry. He also said the changes would “add further impetus for parties to engage in commercial negotiations outside the Code,” indicating they may loosen rules around private arbitration.

READ MORE: Collateral damage? Facebook’s purge of Australian news ‘inadvertently’ hits charities, health organizations & government pages

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