Australia to charge Big Tech companies two percent levy unless they strike local news deals

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New proposal would replace 2021 laws.

Australia to charge Big Tech companies two percent levy unless they strike local news deals
The Australian ⁠government said that Meta, Alphabet's Google and TikTok could face multimillion-dollar charges if they did not negotiate deals to pay local media outlets for news on their platforms. A proposed News ‌Bargaining Incentive would tax the three big tech ‌companies ...

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