For the sake of democracy, social media giants must pay newspapers | John Naughton

  The Guardian 

Image source : theguardian.com
As their business model has all but destroyed the notion of local news, it’s only right that big tech should compensate publishers for using their content The news that France’s court of appeal has ruled in favour of the French Competition Authority’s order that Google must negotiate payments with publishers forlinking to their content has provoked predictable howls of outrage from the tech industry and their more sympathetic commentators. “This,” observes Benedict Evans, the analyst recently returned from a big Silicon Valley venture capital firm, in his invaluable weekly newsletter, “is a fascinating logical fallacy – it makes perfect sense as long as you never ask why no one other than Google pays to link either and never ask why it should only be newspapers that get paid to be linked to.” The only place where the news of the French decision seems to have been greeted with enthusiasm is Australia, whose Competition and Consumer Commission (ACC) is putting the finishing touches to a ▶ Full story on theguardian.com
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