SYDNEY: Australia on Friday moved a step closer to introducing pioneering legislation that would force tech giants to pay for sharing news content, a move that could change how people worldwide experience the internet.
Here is a look at what the proposed rules are, why companies such as Facebook and Google hate them, and what it might mean for net users.
What is happening?
After two decades of light-touch regulation, companies such as Google and Facebook are coming under increased government scrutiny.
In Australia, regulators have zeroed-in on the firms’ online advertising dominance and the impact that has on…