Microsoft backs Australia's proposed media laws, eyes expansion
Microsoft Backs Proposed Australian Media Laws:
Microsoft said Wednesday that it "fully supported proposed new laws in Australia that would force internet giants Google and Facebook to pay domestic media outlets for their content," according to a Reuters staff report. "While Microsoft is not subject to the legislation currently pending, we'd be willing to live by these rules if the government designates us," the company said in a statement. "The code reasonably attempts to address the bargaining power imbalance between digital platforms and Australian news businesses." Earlier in the week, Prime Minister Scott Morrison confirmed that Microsoft "was ready to step in and expand its search product Bing in Australia if Google pulls its search engine" from the country, where it currently maintains a 94% market share.