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Why Facebook Is Right to Pull the Plug on Australia

Australia decided to put a price on news this week, and Facebook shocked the country by declining to buy a subscription. The Australian House of Representatives passed a new media law on Wednesday that would force Facebook and Google (and only Facebook and Google) to pay Australian media outlets for the privilege of linking to their news stories. Google is still talking terms. Facebook decided to pull the plug and will no longer allow Australian users to post news.

I’m with Facebook on this one.

For the full text of this article, visit:

https://foreignpolicy.com/2021/02/20/facebook-australia-media-law-advertising-profits/

Published inAll ArticlesForeign Policy
Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: s@salvatorebabones.com