Meta threatens to delete news content if the new US law is passed

According to foreign media reports, the United States may pass a bill that will give news organizations greater power to negotiate fees for content shared on Facebook. Meta warned that if the bill passes, it will delete news content from Facebook.

The so-called Competition and Protection of Journalism Act has bipartisan support. The proposal aims to give news organizations more power, allowing newspapers and other news organizations to join forces to negotiate with social media for a larger share of advertising revenue.

Media companies argue that Meta makes huge amounts of money by sharing news articles on the platform.

Meta, however, believes that this statement is false. Meta claims that its platform actually provides more traffic to struggling news organizations, adding that sharing news on Facebook accounts for only a small portion of its revenue. "If the US Congress passes such an ill-conceived bill as part of national security legislation, we will have to consider removing news content from the platform altogether," the spokesman said. "

It is reported that Australia adopted a similar law last year, which led to the temporary closure of Facebook's news reprinting business in Australia. After criticism, Meta struck a deal with the Australia government.