Trump administration labels Australia’s media bargaining laws ‘foreign extortion’
Summary
The Trump administration called Australia’s new law requiring big tech companies to pay news publishers “extortion.” Australian Prime Minister Anthony Albanese said the law is meant to protect news organizations and fairly reward their work. Tech companies like Google and Meta, and a U.S. industry group, criticized the law and urged the U.S. government to respond.Key Facts
- Australia passed a law making big tech firms pay news publishers or face a 2.25% levy.
- Prime Minister Albanese said the law values journalists’ intellectual property and creativity.
- The law encourages deals between tech companies like Meta, Google, TikTok, and Australian news outlets.
- The Trump administration called the law “foreign extortion” and wants to defend U.S. tech companies.
- A U.S. tech industry group called the law “discriminatory” and warned it could violate trade rules.
- Google and Meta criticized the law, saying it unfairly targets their companies.
- Some Australian politicians, including Nationals leader Matt Canavan, support the law.
- The Greens want more details on how the deals and funding will work before fully supporting it.
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