(AUSTRALIA) #Coronavirus Business Report: #Facebook and #Google to be forced to share advertising revenue with media companies and mandatory code will be developed by ACCC to create a level playing field according to Josh Frydenberg #AceFinanceDesk report

#AceFinanceReport – Apr.21: Mandatory code being developed by ACCC will create ‘level playing field’ in media landscape, Josh Frydenberg says Facebook and Google will be forced to share advertising revenue with Australian media companies after the treasurer, Josh Frydenberg, instructed the competition watchdog to develop a mandatory code of conduct for the digital giants amid a steep decline in advertising brought on by the #coronavirus #pandemic 

In its response to the landmark digital platforms inquiry in December, the federal government asked the Australian Competition and Consumer Commission to develop a code between media companies and digital platforms including Google and Facebook: Read More Here: https://t.me/the_guardian_news/146779

The Guardian news, [Apr 19, 2020 at 18:50]

#AceFinanceDesk report ………………..Published: Apr.21: 2020: 

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