Meta, Facebook's parent company, issued a public warning Monday that it could remove all news from its US platform if Congress passed its media-competition bill, which would force Meta and other platforms to compensate publishers and broadcasters.
Andy Stone, Meta's policy-communications director, posted the company's statement on Twitter regarding its position on the Journalism Competition and Preservation Act. The statement said that if Congress passed the "ill-considered journalism bill," Meta "will be forced to consider removing news from our platform altogether."
The bill was introduced with bipartisan support and would enable publishers to negotiate with social-media platforms like Facebook and Google over how their content is distributed on such platforms. This includes requiring social-media firms to pay for news content. Just a thought.
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