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Australia passes law to charge tech companies levies unless they reach deals with news publishers
Meta, Google, TikTok and LinkedIn will have to pay millions to support local news outlets under Australia's new rules.
Summary
Meta, Google, TikTok and LinkedIn will have to pay millions to support local news outlets under Australia's new rules. Australia will force Meta, Google, TikTok, LinkedIn and others to pay levies if they don't reach deals with local news publishers. Both houses of the country's parliament passed a law that will force them to pay 2.75 percent of local revenues if they fail to make deals with at least eight outlets by the end of their annual reporting periods.
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