Rod Sims: Media bargaining laws must apply to Facebook – Sydney Morning Herald

By Zoe Samios

May 23, 2022 — 12.00am

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Former competition boss Rod Sims is urging the incoming government to ‘designate’ Facebook under the federal media bargaining code, a move that could expose the social media giant to substantial fines if it fails to strike deals with Australian news publishers, including SBS and The Conversation.

But Sims conceded the threat of making the new laws apply to Google and Facebook allowed commercial deals to be struck faster with media companies than the original plan – arbitration – may have. The comments were made following the release of a report on the news media bargaining code, which Sims intends to give to international regulators considering similar legislation.

The media bargaining code was legislated last year in an effort to force Google and Facebook to pay eligible large and small news publishers to display articles in the search engine and “newsfeed”.

But following outcry from the tech…

Read Full Story: https://www.smh.com.au/business/companies/rod-sims-media-bargaining-laws-must-apply-to-facebook-20220520-p5an7o.html

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