Australian media outlets will have to pay Google and Facebook to show news on their platforms - a landmark law passed by the Australian government. Australia was the first country in the world to pass such a law.
Many more countries in the world can follow Australia in this law. Due to this new law, Facebook and Google will have to pay a huge amount of money to Australian news media to share news content on their platforms.
Tech giants Google and Facebook have opposed the law. Last week, Facebook stopped sharing content with Australian news outlets on its own page after proposing a law that would require paying for news content.
There was a lot of criticism about it. Many countries in the world, including the United Kingdom and Canada, are thinking of making similar laws.
That being said, a number of countries have closely monitored the issue of Australia, considering whether it could become a national law. Internationally, the media is also keeping a close eye on the issue.
