Tech giants such as Meta and Google could be punished if they fail to strike content deals for Australian news publishers under a plan set to be unveiled by Labor on Thursday.
The big stick approach will be designed to force recalcitrant social media companies to negotiate with media outlets or risk being hit with penalties, according to sources.
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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
