Meta warned that if the US Congress passes the "News Competition and Protection Act", Facebook may be forced to delete news on the platform.

(On Reuters data)

[Financial Channel/Comprehensive Report] Facebook (Facebook) parent company Meta warned on Monday (5th) that if the United States passes a bill aimed at making it easier for media organizations to negotiate with platforms such as Google and Facebook, Facebook will be I may not see news on the book platform.

U.S. lawmakers are considering adding the Journalism Competition and Preservation Act to the must-pass annual defense bill, citing people familiar with the matter, Reuters reported.

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Meta spokesman Andy Stone (Andy Stone) tweeted that if the bill passes, the company will be forced to consider removing news from the platform, and complained that such negotiations ignore Facebook's ability to increase traffic and subscriptions for media, and bring news to the news industry. any benefits that come.

Stone later added that the proposal fails to recognize that publishers and media distribution companies put content on the Facebook platform because it benefits those companies, not the other way around.

The News Media Alliance, a newspaper group, called on Congress to add the proposal to the defense bill, saying that local newspapers can no longer tolerate the use and abuse of big tech companies and that the time to act is shrinking if Congress does not act soon. Actions that could turn social media into America's de facto "local newspaper."

More than two dozen groups, including the American Civil Liberties Union, Public Knowledge and the Computer & Communications Industry Association (CCIA), called on Congress not to approve the news bill. Think the bill will create an unwise antitrust immunity for publishers, media.

Negotiations with big tech companies led to the brief shutdown of Facebook Australia's news service after Australia formally introduced a similar bill in March 2021, a government report shows.

The report added that since Australia's "News Media Bargaining Code" (News Media Bargaining Code) came into effect, technology giants including Meta and Google's parent company Alphabet have signed more than 30 agreements with media organizations to restrict their clicks and advertisements. income compensation.

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