Meta says Australia’s proposed 2.25% News Bargaining Incentive breaches the US-Australia FTA and could draw a US trade response.

Two major lobby groups representing US tech giants say the News Bargaining Incentive is the latest policy that could dampen investment in Australia.

The government is pressing ahead with its plan to make tech giants fund journalism, shrugging off Meta’s claim it amounts to a “discriminatory tax”.

Meta, the parent company of major social media platforms Instagram, WhatsApp and Facebook, has attacked the government’s pursuit of the News Bargaining Incentive.

In new draft laws, social media companies, including Meta, Google and TikTok will first be given a chance to strike content deals with local news publishers, and if they refuse,…

The draft laws have been designed to stop social media companies from simply stripping news from local publishers' platforms.

SYDNEY, June 4 : Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with…

SYDNEY, June 4 — Tech giant Meta today attacked Australia’s “grossly unfair” bid to make social media companies pay for news, saying it is vehemently opposed to the draft...

Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws. " this law is…

Tech giant Meta criticises the Australian government's plan to make social media companies pay for news, calling it a "grossly unfair" and "discriminatory tax".

Meta said a proposal to tax platforms 2.25% of all Australian revenue, including revenue unrelated to social media, was “indefensible”

Meta accused Australia of violating a free trade agreement with US by proposing a new tax on tech giants, Australian govt. remains firm, provoking trade action. | World News

Meta says Australia’s proposed 2.25% News Bargaining Incentive breaches the US-Australia FTA and could draw a US trade response.

Facebook parent company says proposals violate Australia's commitments under its free trade agreement with the US.

Tech giants claim Australia’s free trade agreement with US will be violated as they try to kill a proposal to force them to pay news companies