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Five of the world’s biggest tech companies – Google, Meta, TikTok, Apple and Microsoft – will be incentivised to enter commercial deals with Australian news publishers that could be worth as much as $600 million a year, under proposed laws aimed at forcing them to pay to host news.
The Albanese government’s long-awaited News Bargaining Incentive has proposed to charge tech giants a near $1 billion levy on their Australian revenue unless they negotiate deals with local news outlets.
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