The Journalism Competition and Preservation Act, if handed, would enable news corporations to collectively negotiate with social platforms over the phrases on which their materials seems on their websites.
It follows an identical transfer right here in Australia final yr, the place the federal authorities proposed laws that might compel tech corporations to pay publishers for utilizing their news tales.
In response, Meta briefly blocked news on its platform in Australia.
The legal guidelines have been handed in Australia in February final yr.
Regarding the state of affairs within the US, Meta mentioned it will moderately pull news from its platforms than “submit to government-mandated negotiations that unfairly disregard the value we provide to news outlets”.
The worth, Meta mentioned in an announcement tweeted by spokesman Andy Stone, contains “elevated visitors and subscriptions”.
