Australia Passes Law To Levy Tech Giants That Fail To Pay For Local News
- Posted on August 20, 2026
- By Google News
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- 1 min read
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Australia Passes Law To Levy Tech Giants That Fail To Pay For Local News
The News Bargaining Incentive taxes the companies 2.5% on their advertising revenues unless they strike agreements. Proceeds from the scheme would be directed to local Australian news outlets, whose content helps drive user engagement and advertising revenue on the tech firms' platforms.
