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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Namibia Competition Commission

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Business / Economics

Google ordered to pay South African media up to R500 million annually

South Africa’s Competition Commission has ruled that tech giant Google must pay local news media between R300 million and R500 million annually to address lost advertising revenue and competition imbalances. The decision follows an inquiry that found Google benefits from South African news content by as much as R900 million per year, while local media houses suffer losses ranging from R300 million to R500 million. In addition to financial compensation, […]

todayFebruary 25, 2025 35

Africa

Sanef calls for big tech companies to be held accountable, Namibia’s Competition Commission agrees

The South African National Editors’ Forum has asked the Media and Digital Platforms Market Inquiry, initiated by the Competition Commission of South Africa to consider getting Big Tech to look at fair compensation for using South African media content. Presentations were made by Chris Mcinga and Izak Minnaar, largely speaking on behalf of community media and the Press Council of SA. The Commission told SANEF that “X” (formerly Twitter) has […]

todayMarch 5, 2024 68