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Opinion: What will happen to retail if Google exits Australia?

We’ve all read the news: the Australian Competition and Consumer Commission (ACCC) is trying to make Google and Facebook pay news sites, and Google has, in turn, threatened to withdraw search from Australia. Would Google really give up their $4.3 billion in revenue? That’s a big hit to take. But they may take a global view. What’s the impact of an Australian precedent – what happens when publishers in USA, Germany, Canada, et all come to Google with their hands open? The EU is already th