Australia's government slams Facebook's move to block news content Posted by williamsharris on Thursday February 18, 2021 @04:52AM from the cnbc.com dept. https://www.cnbc.com/2021/02/18/australias-treasurer-says-facebook-was-wrong-to-block-news-content.html ( 2 comments | 2 points | on HN )
But I'm also no fan of this government attempt at extortion.
Basically, this law singles out these two companies and requires them to enter into a binding contract at a rate set by others.
This was a mafia style deal that government thought they couldn't refuse --- but I guess they were wrong.