Facebook to restore Australian news content after media bargaining code amendments

The amendments include inserting a two-month mediation period into the code to give the parties more time to broker agreements before they are forced to enter a binding final offer arbitration process.

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Another amendment will also clarify that the government will consider any commercial deals already struck between the parties before the Treasurer formally designates the code as applying to Facebook and Google. A new provision will also require the government to give the digital…