Chair of the Australian Competition and Consumer Commission (ACCC) Rod Sims has said the majority of issues Facebook and Google have raised with the News Media Bargaining Code had been addressed in the legislation that passed the lower house in December.Sims said Google and Facebook just don’t want the code.”Google and Facebook like to do things on their terms. I think the code does what it’s intended to do. It is workable. It allows for a process of negotiation … we’ve seen these sorts of things work in the past where you’ve got negotiate-arbitrate regimes, so I think this is just something Google and Facebook don’t want,” he said.”They don’t like the idea of arbitration, they want — they talk of commercial deals, where they’re in full control of the deal. In my view, that’s not a commercial deal.”Sims said every monopoly he’s ever come across, he’s heard the line “don’t regulate us, leave it for commercial negotiation”. “What they mean is leave it to ‘take it or leave it’ because we’re the monopoly. So the only way you can get a commercial deal is if you’ve got some muscle in the arm of the news media businesses; that muscle… Read full this story
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