On Monday, Facebook parent Meta Platforms Inc threatened to remove news from its platform if the US Congress passes a proposal aimed at making it easier for news organisations to negotiate collectively with companies like Alphabet Inc’s Google and Facebook.
Sources briefed on the matter said lawmakers are considering adding the Journalism Competition and Preservation Act to a must-pass annual defence bill, as way to help the struggling local news industry.
Meta spokesperson Andy Stone tweeted that the company would be forced to consider removing news if the law was passed, “rather than submit to government-mandated negotiations that unfairly disregard any value we provide to news outlets through increased traffic and subscriptions”.
He added that the proposal fails to recognise that publishers and broadcasters put content on the platform because “it benefits their bottom line — not the other way around”.
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