MADRID (AP) – Spain’s parliament has approved new intellectual property laws that allow news publishers to charge aggregators each time they display news content in search results.
The law goes into effect Jan. 1 but does not specify how much aggregators like Google News could be charged. Spain’s AEDE group of news publishers had lobbied for what is known as the “Google Tax” but has not provided specifics.
Google Inc.’s Spanish division said Thursday it was disappointed with the outcome and will work with Spanish news publishers to help them increase income.
Google last year agreed to help French news organizations increase online advertising revenue and fund digital publishing innovations to settle a dispute there over whether it should pay for news content in its search results.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.