New Rule Threatens Free Google Search and YouTube in Australia

Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google published an open letter to Australians on Monday, warning that a proposed new law in the country -- which would require the company to pay for news content that appears via its search -- could derail the free search and YouTube video services Google offers in Australia.

The search leader has also suspended a licensing agreement it had reached with Australian publishers earlier this year that paid select news publishers for access to their content. 

The reception area in Google's campus in Sydney, Australia. Image source: Google.

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Source Fool.com