If the new law passes US news content will be removed from Facebook, Meta threatened

In the US Meta threatened to remove news content from Facebook.

Meta has objected to a new law that would provide news organizations greater power to negotiate fees for the content shared on the social media platform. Last year a similar law passed in Australia led to news on Facebook being briefly suspended.  Meta claims that its platform provides increased traffic to the new and struggling news outlet.  

The social media platform said that the publishers put their content on the platform because "it benefits their bottom line." Media companies argue that the platform generates huge money from news articles shared on the platform. As Meta made huge profits, the local news struggled during the pandemic. However, Meta argued that the platform drives traffic to news sources, thus, it helps in making a profit for the publishers.

The legislation, Journalism Competition and Preservation Act (JCPA) has given broadcasters and publishers greater power to bargain collectively with social media companies for a larger share of ad revenue. The journalism Competition and Preservation Act (JCPA) was introduced in Congress by Minnesota Senator Amy Klobuchar and has been supported by bipartisan.