
Facebook may block news content from being shared on its platforms in Australia. Here’s why
Hindustan TimesAustralia is set to introduce a contentious bill into the parliament on Wednesday which could prompt Facebook to block news from being shared on its platforms Down Under. The government has come up with a new code after Australia’s competition regulator, the Australian Competition and Consumer Commission, said in a report that tech giants like Google and Facebook are more than mere intermediaries in the supply of news. Australia’s leading news publishers demanded that Google and Facebook should pay at least 10 per cent of the news advertising revenue to local new organisations. The bill may force tech giants like Google and Facebook to share advertising revenue with local news companies and broadcasters. Facebook recently said in a blog post that the new regulation misunderstands the “dynamics of the internet”, warning that the law will damage the “very news organisations the government is trying to protect.” The social media giant threatened to block publishers and people in Australia from sharing local and international news on its platforms.
History of this topic

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