
The new legislation proposed by the Australian government made the tech giants pay for the news content on their media.
Australian Treasurer Josh Frydenberg told reporters in Canberra on Feb 23 that "Facebook has re-friended Australia," adding that Facebook chief Mark Zuckerberg had told him the ban would end "in the coming days", the BBC News reported.
On Feb 18, Australians realized that access to news stories was blocked on their Facebook accounts. The tech giant argued that it was forced to block access to news on the platform in response to new legislation proposed by the government, making the tech giants pay for news content on their media.
As the tech giant blocked access to the news content for the users in Australia, it released a statement saying that the "law fundamentally misunderstands the relationship between our platform and publishers who use it to share news content." It further noted that this left the company with two choices, either to comply or to stop allowing news content on its services in the country.
According to the Sydney Morning Herald, the revocation decision came from Facebook after the Morrison government agreed to changes in its media-bargaining laws. The last-minute amendments allow Google and Facebook to avoid the code altogether after satisfying the government to have struck enough deals outside it.
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