Australia Imposes 2.25% Levy on Big Tech Unless They Agree to Local News Deals
Australia plans to impose a 2.25% levy on major tech companies like Meta, Google, and TikTok if they fail to negotiate deals with local news outlets. The revenue from the levy will be directed to support Australian journalism. The policy aims to ensure tech platforms contribute to the journalism that enriches their content feeds.
Topics: Alphabet Australian Government Big Tech Digital Services Tax Meta News Bargaining Incentive TikTok