The Australian Competition and Consumer Commission was tasked with creating the code on 20 April by the government, which brought forward its timetable for such a code by about five months.
The ACCC conducted an inquiry in 2018 and released the results to the government in June last year. The findings were made public in July.
At that time, the government said it would give its response by the end of the year; the shape of that was to ask the ACCC to work along with digital platforms like Facebook and Google to develop a voluntary code so that publishers were not disadvantaged.
The ACCC said on Tuesday that it had published a concepts paper which "sets out a range of issues for which the ACCC is seeking feedback and information; including what should be included in the draft bargaining code, how particular issues should be addressed, and how the code should operate".
“We are keen to tap views on all the issues and ideas involved with this code. Given the tight timeframe, we are seeking precise views on the content of the code and this concepts paper will facilitate this,” ACCC chair Rod Sims said.
“Our digital platforms inquiry highlighted the acute need to address the imbalance in bargaining position between news media and particular digital platforms, and that is what the code will do.”
The draft mandatory code has to be published before the end of July this year.