Large MNC's can’t generate profits with no compensation appropriate for creators: Australian PM

The Australian government said on Tuesday (April 28) that Meta, Alphabet's Google and TikTok could face multimillion-dollar charges if they did not negotiate deals to pay local media outlets for news on their platforms.

A proposed News Bargaining Incentive would tax the three big tech companies 2.25% on their local revenues unless they struck agreements, with the proceeds to be directed to news companies to boost Australian journalism.

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Видео Large MNC's can’t generate profits with no compensation appropriate for creators: Australian PM канала The Hindu