Statement on Media Bargaining Code Legislation
Tuesday, February 23, 2021
In a recent statement to the Senate, I highlighted the importance of the Media Bargaining Code legislation in Australia, emphasising the need for intervention due to the failure of Big Tech companies to engage in fair commercial deals with media outlets. The imbalance in bargaining power stems from the monopolistic position of companies like Google and Facebook, with the legislation serving as an initial step towards rectifying this issue.