Could Google really leave Australia?

Found on BBC News on Tuesday, 26 January 2021
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The proposed law would mandate that Google has commercial agreements with every news organisation - or enter forced arbitration, something Google says is "unworkable".

It's possible that Google could redirect Australian Google users to the US (or another) country's version of Google. That would likely strip out localised search results, but keep the service accessible.

But it may also be that Google would block Australian users based on their geographic location as determined by an IP (internet) address.

Sure it could. It has done so before in Belgium and Spain.