Breaking: Facebook is threatening to remove all news from its platforms in Australia in a major attack on a new regulatory code that would force it and Google to pay publishers for content | zoesam93
Social media behemoth Facebook is threatening to ban news from being shared on its main app and Instagram in Australia in a major attack on a new regulatory code that would force it and Google to pay publishers for content.
Managing director of Facebook Australia Will Easton has launched a scathing attack on the local competition regulator."Assuming this draft code becomes law, we will reluctantly stop allowing publishers and people in Australia from sharing local and international news on Facebook and Instagram. This is not our first choice – it is our last," Mr Easton said.
If the tech giant progresses with this scenario, it would mean that users and publishers cannot publish or distribute any news articles on Facebook or Instagram. "The proposed law is unprecedented in its reach and seeks to regulate every aspect of how tech companies do business with news publishers," Mr Easton said. "Most perplexing, it would force Facebook to pay news organisations for content that the publishers voluntarily place on our platforms and at a price that ignores the financial value we bring publishers."
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