Australia said Friday it will introduce legislation to make Facebook Inc. and Alphabet Inc.'s Google pay media companies for news content, in what is regarded as the first such move in the world.The announcement comes after the Australian Competition and Consumer Commission released earlier in the day a draft mandatory code of conduct that outlines how the tech companies would pay traditional news media companies for their content.Treasurer Josh Frydenberg said the mandatory code seeks to create a "level playing field" that ensures "a fair go for Australian news media businesses.""We want G…READ FULL ARTICLE
