Tech Companies Oppose Australian Media Laws Citing Trump Administration's Potential Retaliation
Tech companies, including Meta, Google, and TikTok, are opposing Australia's proposed news media bargaining incentive, which would require them to pay Australian media outlets or face a levy on local revenues. The companies argue that the legislation is discriminatory and violates the US-Australia free trade agreement. Meta has labeled the incentive as a 'discriminatory tax' and claims it unfairly targets foreign companies. US tech lobby groups have echoed these concerns, suggesting the bill could deter growth and potentially breach trade agreement rules. The Albanese government has been consulting on the draft legislation, with submissions closing recently.