NEC nine entertainment co. holdings limited

News: NEC Australia a 'proxy battle' for world on news media code, says Treasurer

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    SYDNEY, Feb 23 (Reuters) - Australia has been a "proxy battle" for the world, Treasurer Josh Frydenberg said on Tuesday after announcing Facebook FB.O would restore news pages in the country following ammendments to a proposed law.

    Australia and the social media group have been locked in a standoff for more than a week after the government introduced legislation that challenged Facebook and Alphabet Inc's GOOGL.O Google's dominance in the news content market.

    Facebook last week blocked all news content and several state government and emergency department accounts.

 
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