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Facebook and Google will be forced to pay for news content in Australia

Facebook and Google will soon be required by Australia’s Federal Government to cough up for news on their sites, in a move that seeks to have Australian media organizations paid for the content they generate.

The Australian Competition and Consumer Commission (ACCC) has been instructed by the Australian government to create a mandatory code of conduct to instruct tech giants on how to share the revenue they generate from using content produced by news outlets, which Australian Treasurer Josh Frydenberg said seeks to “level the playing field”.

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