March 01, 2023  SEONews

Facebook owner Meta talks tough on Australian media bargaining … – Sydney Morning Herald

By Zoe Samios and Nick Bonyhady

March 1, 2023 — 7.44pm

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Facebook’s owner Meta has issued another veiled threat to remove news from the social media platform if the federal government does not revoke or amend the current media bargaining laws.

The laws, passed in 2021, have led to internet giants paying news publishers tens of millions of dollars. Meta, in a May 2022 submission to a government review, said the laws had distorted its approach to investment in news media and failed to fix the challenges facing the sector.

The submission, released on Tuesday, is the first detailed declaration of Meta’s position since it signed a raft of deals with Australian publishers in 2021. It potentially sets up a difficult decision for the Albanese government, which will have to decide whether to change the laws or enforce them if the dispute comes to a head.

“Since its passage, the law has been globally touted by publishers as a successful model…

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source: https://news.oneseocompany.com/2023/03/01/facebook-owner-meta-talks-tough-on-australian-media-bargaining-sydney-morning-herald_2023030141289.html

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