Meta threatens to remove US news content if new law passes

Meta has threatened to take down news articles on Facebook in the United States.

It opposes a new law that would give news organizations more negotiating power over revenues for content shared on Facebook.

Last year, a similar regulation in Australia caused news on Facebook to be temporarily stopped.

Meta says that its platform does, in fact, improve traffic to failing news publishers. According to the article, publishers post their content on Facebook because “it enhances their bottom line.”

The legislation, known as the Journalism Competition and Preservation Act (JCPA) was introduced in Congress by Minnesota Senator Amy Klobuchar and has bipartisan support. It would give publishers and broadcasters greater powers to collectively bargain with social media companies for a larger share of ad revenue.

Media companies claim that news stories published on Meta generate large quantities of money.

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