Senate debates

Wednesday, 24 February 2021

Bills

Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill 2021; In Committee

10:21 am

Photo of Louise PrattLouise Pratt (WA, Australian Labor Party, Shadow Assistant Minister for Manufacturing) Share this | Hansard source

I still want to revisit whether these deals are binding. For example, a digital platform does deals that suit big news media outlets—they're already dominant players—really well. There are smaller players that feel forced into making deals because they can see, for example, that the existing advertising revenue they get from other sources is going to be gobbled up and stolen by news media deals between the big players and platforms. They try to save themselves from this by signing a deal. The minister has to assess whether that's significant. Then you get other players who aren't part of that deal with that platform that say, 'We don't think we're being treated fairly; we can't get a deal at all.' How can you not consider whether the minister needs to revisit the deals that have been done when assessing significance?

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