Facebook thankful Australia's 'heavy-handed' media bargaining law amended"New rules only work if they benefit more people, not protect the interests of a few."
What you need to know
Facebook has shared "the real story" of what happened to its news service in Australia.
It says it is thankful the Australian government has made amendments to its Media Bargaining Law.
Facebook says it is willing to partner with news publishers and that there are "legitimate" concerns to be addressed about the power and size of tech companies.
Facebook has said it is thankful that the Australian government has made amendments to its "heavy-handed and unpredictable arbitration" in the form of a new Media Bargaining Law.
In a news post from Facebook's VP of Global Affairs Nick Clegg the company stated:
Last week, in a move that will have felt abrupt and dramatic to many, Facebook announced it was stopping the sharing of news on its service in Australia. This has now been resolved following discussions with the Australian Government — we look forward to agreeing to...
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Facebook thankful Australia's 'heavy-handed' media bargaining law amended
