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Tech giants forced to pay for news

Australia has put in place world-first rules to govern the relationship between media companies and tech giants Google and Facebook Picture: AFP

Global tech giants will be forced to pay for news and face fines of up to $10m if they fail to treat Australian media companies fairly, under a new mandatory code unveiled on Friday.

Josh Frydenberg unveiled a mandatory bargaining code that will make digital platforms share key data with news companies, and warn them of any changes to their algorithms.

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