CANBERRA (Reuters) – Facebook will restore Australian news pages after Canberra offered amendments to a proposed law designed to force tech giants to pay for media content displayed on their platforms, Treasurer Josh Frydenberg said on Tuesday. Australia and the social media group have been locked in a standoff for more than a week after the government introduced legislation that challenged Facebook and Alphabet Inc’s Google’s dominance in the news content market.
Facebook last week blocked all news content and several state government and emergency department accounts. But after a series of talks between Frydenberg and Facebook CEO Mark Zuckerberg over the weekend, a concession deal has been struck.
