{"id":12903,"date":"2021-01-25T22:42:14","date_gmt":"2021-01-25T22:42:14","guid":{"rendered":"https:\/\/www.innovationaus.com\/?p=15907"},"modified":"2021-01-25T22:42:14","modified_gmt":"2021-01-25T22:42:14","slug":"aust-big-business-opposes-big-tech-code","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/01\/25\/aust-big-business-opposes-big-tech-code\/","title":{"rendered":"Aust big business opposes Big Tech code"},"content":{"rendered":"
Big business in Australia<\/strong> is concerned the Big Tech media bargaining code sets a \u201ctroubling precedent\u201d, with the Business Council of Australia worried similar laws could be applied to other industries.<\/p>\n A Senate committee is currently considering legislation introducing a bargaining code between Facebook and Google and Australia media companies. The code would force the parties to enter final offer, baseball-style arbitration if a revenue sharing deal for the use of news content on the platforms is not reached within three months.<\/p>\n It would also require advanced notification of relevant algorithmic changes made by human intervention.<\/p>\n