This week's changes are a win for Facebook, Google and the government — but what was lost along the way?

By Rob Nicholls, Associate professor in regulation and governance, UNSW

After almost a year of heated discussion about the News Media Bargaining Code, there will shortly be a new law of the land – one that’s unlikely to be applied to the platforms it was intended to reign in. But that’s not to say it hasn’t done its job.

With some final tweaks expected to the draft legislation, Facebook on Tuesday announced it would restore news for Australian users and strike up commercial agreements with local publishers. It signed its first deal with…

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