But the law, which took effect in March 2021 after talks with the big tech firms led to a brief shutdown of Facebook news feeds in the country, may need to be extended to other online platforms, the review said.
"At least some of these agreements have enabled news businesses to, in particular, employ additional journalists and make other valuable investments to assist their operations," said the report. But it did note the law lacked"a formal mechanism to extend the Code to other platforms", and suggested the government order the competition regulator, which led the design of the law, to"prepare reports on this question".The review shows the Code has been successful balancing bargaining power between news media and digital platforms.
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