Treasurer Josh Frydenberg said the government was continuing to consult on the draft code, but would not comment on whether it was considering changing the proposed bargaining process.
“The government remains committed to implementing a code that addresses the bargaining power imbalances identified by the ACCC and ensures a sustainable news media sector,” Mr Frydenberg said in a statement.
News Corp was approached for comment.
Any move by the government to water down the code will upset media companies such as News Corp and Nine Entertainment Co, which argue the digital giants have excess…
