The media bargaining code is a terrible one from the perspective of faceful can google, because it's completely tilted ards the news ornizations. It requires Google or facebook to come to the table and bargain with news organizations in australia. If they can't come to agreement, if they can't comes to agreement, it goes to arbitration. And this arbitration is was clled baseball style arbitration, which means the news organization, say, the australian says, this is the price, and gug com back says, this is the price,. etater picks one of the two prices. But also, fundamentally interferes with how products work, because you're paying
Ben and James discuss Australia’s Media Bargaining Code and its fall-out.
Links
- Ben Thompson: Google Makes Deal With News Corp, Facebook Blocks News in Australia, Microsoft’s Shamelessness — Stratechery Daily Update
- James Allworth: Australia’s Proposed “Fox News Tax” — Medium
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