Google has set out a plan for paying news agencies and publishers to French antitrust regulators. The proposals will now be put to public consultation, with responses required by January 31, 2022, Reuters reported. Google’s influence on the news business is obviously far more significant than Apple’s, although I imagine Cupertino will be keeping a keen eye on how this plays out.
News organizations, which have been losing ad revenue to online aggregators such as Google and Facebook (FB.O), have complained for years about tech companies using stories in search results or other features without copyright payment. As part of its proposals, Google commits to negotiate “in good faith” with news agencies and publishers the amount it would pay for using their protected content. It also commits to making a payment offer within three months from the start of the negotiation. If a deal cannot be reached, it would be possible to go to an arbitration court that would decide on the amount to pay.
Check It Out: Google Sets Out Plan For News Content to French Antitrust Regulator