In Australia, big tech is in the firing line. Live from the UK, this is the Marketplace Morning Report from the BBC World Service. I'm Gideon Long in for Leanna Byrne. Good morning. Australia is bringing in new rules to force major tech companies to pay media outlets for news that's republished on their sites. The government's introducing something

called the news bargaining incentive, which will require all tech companies that earn more

than 160 million US dollars a year to pay publishers for content. Otherwise, they'll face higher

taxes. The move will come into force in January. It'll hit companies like Facebook owner Meta and

Alphabet, which owns Google. Meta has responded, saying the government's charging one industry to

subsidise another. The BBC's Katie Silver explains. In 2021, Australia passed a world-first law,

which made the likes of Meta, the company behind Facebook and Instagram,

pay to host news on their platforms.

Earlier this year, Meta said it didn't want to renew the deals

and that it would phase out its news tap,

setting up a standoff with lawmakers who slammed the decision,

saying it would spread misinformation.

Now, under the new framework, called the News Bargaining Incentive,

tech firms that earn more than 160 million US dollars in revenue

will need to pay even if they do not enter into deals with publishers.

The government says it will be designed to make tech companies fund Australian journalism.

Here's Australia's Communications Minister, Michelle Rowland.

The news bargaining incentive is critical to ensuring the digital platform Here's Australia's Communications Minister, Michelle Rowland.

The news bargaining incentive is critical to ensuring that digital platforms contribute to the sustainability of journalism in Australia.

By establishing the news bargaining incentive, the government is ensuring that large digital

platforms are incentivised to either renew or enter into commercial deals

to remunerate Australian news organisations.

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