The Australian News Agency reported that Mel Silva, managing director of Google’s operations in Australia, said in a Senate investigation that the law was impractical and the company was unable to calculate financial risks.”Leaving the Australian market is the only rational option if this law is to pass,” she added.
If passed, the law would force technology companies to pay news platforms for their content or face fines of up to 10 million Australian dollars (7.7 million US dollars), according to the Australian News Agency.
The law will initially apply to Newsfeed, Facebook and Google’s search engine.
