Senate debates
Wednesday, 24 February 2021
Bills
Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill 2021; In Committee
11:49 am
Louise Pratt (WA, Australian Labor Party, Shadow Assistant Minister for Manufacturing) Share this | Hansard source
I have to say that it is still relevant because it gets to the core of a level playing field and how the government wants to address bargaining power. So, yes, the new one is the relevant one. Under this legislation, it will be possible to rank digital services preferentially and alter your algorithms et cetera based on the deals that you've done so that you can create some more sustainable revenue with your news partner. It might mean that you're not handing over money but you've made a commitment to generate more traffic for them. In that context, can you please come back to how you assess the impact of those deals if they are outside the code on the ultimate question about the sustainability of the Australian news industry and players that might not be able to get in the tent with such a deal? Are those players able to critique the fact that it's not only that they haven't been able to get a deal but that the deal that's been done in this preferential ranking is damaging their existing revenue streams?
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