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The Times

How much should Facebook have to pay for news? We have a suggestion how to calculate it

  • Written by Glenn Withers, Professor of Economics, Australian National University
How much should Facebook have to pay for news? We have a suggestion how to calculate itShutterstock

The Australian Competition and Consumer Commission’s draft news media bargaining code has raised an interesting question: how to put a dollar value on news content?

Under the code, Google and Facebook would be forced to pay for Australian news published on their sites to help fund public interest journalism.

The code also proposes...

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