Facebook threatens to block news content over Canada’s revenue-sharing bill – Reuters
OTTAWA, Oct 21 (Reuters) – Facebook warned on Friday that it may block sharing of news content on its platform in Canada over concerns about legislation that would compel digital platforms to pay news publishers.
The Online News Act, introduced in April, laid out rules to force platforms like Meta’s (META.O) Facebook and Alphabet’s (GOOGL.O) Google to negotiate commercial deals and pay news publishers for their content, in a move similar to a ground-breaking law passed in Australia last year. read more
The legislation is under consideration at a parliamentary committee, to which the U.S. social media company said it has not been invited to share its concerns.
“We believe the Online News Act misrepresents the relationship between platforms and news publishers, and we call on the government to review its approach,” Marc Dinsdale, head of media partnerships at Meta Canada, said in a blog post.
“In the face of adverse legislation based on false assumptions that defy the logic of how…
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source: https://news.oneseocompany.com/2022/10/21/facebook-threatens-to-block-news-content-over-canadas-revenue-sharing-bill-reuters_2022102134100.html
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