Social networking site Facebook This can reach an agreement with the Australian government and update the news pages on public days after it is curbed.
The decision follows talks between the technology giant and the Australian government, which is about to pass a new media law that requires digital platforms to pay for news.
“Following further discussions, we are pleased with the Australian Government’s approval of a number of changes and safeguards that address our key concerns about allowing business transactions that recognize our platform’s value to publishers in relation to the value we receive from them,” Facebook said in an updated statement.
Prime Minister Scott Morrison’s government has made last-minute changes to the Media Negotiation Act proposed by Parliament, and it is expected to be passed soon.
These changes include a two-month mediation period, which allows digital platforms and publishers to mediate transactions before they are concluded, as a last resort.
One of Facebook’s main points of contention was the arbitration clause in the Media Negotiations Act.
It says the arbitrator will decide either in favor of either party – the digital platform or the publisher – according to experts, there is no room for compromise.
Under the amendment, the Australian government will take into account trade agreements that digital platforms such as Google and Facebook have already entered into with local news media companies before deciding whether the code applies to technology giants.
The government will also notify digital platforms a month in advance of the final decision.
The government said the amendments were expected to provide “greater clarity” for digital platforms and news organizations on how to implement the negotiating law.
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