Australian Treasurer Supports News, Condemns Facebook Threats

Following Facebook’s recent retaliation against the ACCC’s news media bargaining code, Australian Treasurer Josh Frydenberg refuses to back down, saying, “Australia makes laws that advance our national interest, and we won’t be responding to coercion or heavy-handed tactics, wherever they come from.” After the ACCC released its bargaining code, Facebook released a statement saying it would remove all news content from its platform if the code was signed into law. Google has also retaliated in the form of a misinformation campaign. Frydenberg sees the critical value in journalism and wants to support it by creating “a sustainable media environment” and “payment for original journalistic content.” Read more here.

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