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Australia’s attempt to force Facebook and Google to pay media organizations for the news content they draw on will be closely watched around the world as regulators seek to address the power imbalance between the platforms and traditional media.

A draft code released by the government requires the digital platforms to negotiate payment with news media businesses and submit to binding arbitration if they can’t agree.

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Christopher Niesche

Christopher Niesche is the Australia correspondent for Law.com International. He covers the business of law in Australia and writes about lawyers, global and domestic law firms and in-house law departments. He also covers Australian regulatory matters. He can be reached at [email protected] and on Twitter: @ChrisNiesche.

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