
The Digest:
Google will pay over $40 million to South African news outlets after a competition inquiry found the company's practices reduced monetization opportunities and favored large foreign media over local sources.
Key Points:
- Google has agreed to a $40.2 million (688 million rand) support package.
- The deal follows an inquiry by South Africa's Competition Commission.
- The inquiry found Google dominated key information gateways without compensating local media.
- It noted a sharp decline in referral traffic to news websites due to AI summaries.
- Google's algorithms were found to favor large foreign outlets over local ones.
- The package will fund content licensing, innovation grants, and capacity building.
- Google will also introduce new tools to prioritize local news sources.
Sources: The Cable