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Facebook-parent Meta Platforms Inc META Communications Director Andy Stone said the social media giant would consider removing news from its platform if Congress passes the Journalism Competition and Preservation Act, but the company’s statement was met with skepticism online.
What Happened: Stone shared Meta’s statement on the Journalism Competition and Preservation Act on Twitter Monday.
“If Congress passes an ill-considered journalism bill as part of national security legislation, we will be forced to consider removing news from our platform altogether rather than submit to government-mandated negotiations.” said the Mark Zuckerberg-led company.
See Also: How To Buy Meta (Formerly Facebook) Stock
In response, Jason Kint CEO of Digital Content Next, a trade association that represents digital media companies, said, “Bluffing. This is where I remind everyone Facebook spent 9 months plotting to cause chaos in Australia before retreating and then threatened Canada, too.”
Why It Matters: Kint brought up the example of Australia and said the News Media Bargaining Code has worked in that country.
Facebook and Google have entered into 30 deals with media outlets since the Australian law was passed. However, Facebook shut its news feeds in Australia briefly after its passage, which caused chaos in the Oceanic country.
Read Next: Facebook, Google To Pay For News Content In New Zealand As More Countries Adopt Aussie Playbook
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Image and article originally from www.benzinga.com. Read the original article here.