Facebook will restore Australian news pages saying that the Australian government has agreed to make changes of the proposed law that aims to make big tech companies pay for using news publishers´ content.
Facebook blocked Australian users from sharing news content as a protest against the proposed legislation. A main concern for the company was proposed mandatory arbitration mechanism if the parties cannot agree about payment.
“We are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognise the value our platform provides to publishers relative to the value we receive from them,” Facebook said in an online statement.
The agreement came after several contacs between Facebook CEO Mark Zuckerberg and Australian minister of finance Josh Frydenberg.
The agreement was confirmed by Frydenberg. The government has agreed to a longer period for the parties to agree about payment before the new comes into force.