With Parliament passing The Online News Act, Royal Assent is imminent. Next will be a regulatory process that establishes that the largest companies must enter into agreements to pay news companies their content generates revenue.
This is a significant step forward. It also advances the bar beyond Australia’s approach because it will involve an ongoing regulatory test to determine which firms are large enough to need to pay rather than having them designated by the responsible Cabinet minister.
On the other hand
https://www.reuters.com/technology/australia-says-law-making-facebook-google-pay-news-has-worked-2022-12-02/
(no paywall link)
Australia passed a similar law and seems like the companies ultimately complied.
Well that’s a bit relieving. I know Spain had a similar law but they ended up changing it later.