On Feb. 24, 2021, the Australian government passed legislation that effectively requires Meta's Facebook and Alphabet's Google platforms to pay news publishers for use of their content on the tech giants' platforms. The law forces the tech companies and news publishers to submit to binding arbitration if they cannot reach a deal on terms of payment. The Australian court decision is prompting other countries to take similar actions. European news publishers are lobbying the European Union (EU) to pass similar legislation that would require tech giants to pay for their news content at an agreed-on price. News publishers want a clause that forces major tech companies enter into binding arbitration if they fail to agree on terms of payment for content. They want the clause inserted in EU legislation that was introduced in December 2020. Called the Digital Markets Act, the legislation aims to curb the power of giant tech companies.