by the associated press
Facebook parent Meta Platforms Inc. said Tuesday it will be “forced to consider” removing news content from its platform if Congress passes legislation requiring tech companies to pay news outlets for their material. .
The Journalism Preservation and Competition Act, if passed, would allow news companies to collectively bargain with social platforms over the terms on which their material appears on their sites.
Meta said it would rather extract news from its platforms than “submit to government-mandated negotiations that unfairly ignore the value we provide to the media.” The value, Meta said in a statement tweeted by spokesman Andy Stone, includes “increased traffic and signups.”
Menlo Park, California-based Meta has taken similar positions in the past. Last year, he briefly blocked news from his platform. in Australia after the country passed legislation that would force tech companies to pay publishers for using their news. that later struck deals with Australian publishers.
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