I think this is about crony capitalism. The old mates want to have their cake and eat it too and get paid as well, and their mates are making that happen.
Just the fact that the ABC and SBS are excluded says it all really. This is clearly not about journalism.
To quote the ACCC chair: “We note that 88 smaller media businesses teamed up to submit a joint submission as part of the process of developing the code. Under our plan, these businesses could again work together to negotiate with the platforms over fair payment for their content.”'
You really are failing to understand this. You must try harder.
I understand and it's ridiculous. Just because your business is not profitable shouldn't mean another business should be forced to subsidise it. Unless you have mates that can make laws, that is.
What do you think this is all about? The ACCC is acting to address the practical realities of the situation. That's what the ACCC is there for.