The Post Millennial
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On Monday, Meta threatened to consider removing news from Facebook, citing objection to a new law currently making its way through Congress.
The Journalism Competition and Preservation Act strengthens news organizations’ abilities to negotiate fees for the content shared on social media, however, Meta has argued that the proposed legislation would do more harm than good to those it seeks to protect.
“If Congress passes an ill-considered journalism bill as part of national security legislation, we will be forced to consider removing news from our platforms altogether, rather than submit to government-mandated negotiations that unfairly disregard any value we provide to news outlets through increased traffic and subscriptions,” he said.
“The Journalism Competition and Preservation Act fails to recognize the key fact: publishers and broadcasters put their content on our platform themselves because it benefits their bottom line — not the other way around.
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