Facebook parent threatens to pull all news from platforms if US passes 'rash' bill - but is that 'bluffing'?

Andy Stone, director of communications at Meta Platforms Inc., Facebook's parent company, said the social media giant would consider removing the information from its platform if Congress passes the competition law and the preservation of journalism, but the company's statement was welcomed. online skepticism.

What happened: Stone shared Meta's statement on competition law and the preservation of journalism on Twitter on Monday.

"If Congress passes a reckless journalism bill as part of national security legislation, we will be forced to consider completely removing the news from our platform rather than submit to government-mandated negotiations." said the company led by Mark Zuckerberg.

See also: How to buy Meta (formerly Facebook) stocks

In response, Jason Kint, CEO of Digital Content Next, a trade association that represents digital media companies, said, "Amazing. This is where I remind everyone that Facebook spent 9 months plotting to wreak havoc in Australia before retreating and then threatening Canada as well."

Why it matters: Kint brought up the example of Australia and said that the News Media Negotiation Code has worked there.

Facebook and Google have entered into 30 media deals since the Australian law was passed. However, Facebook briefly shut down its news feeds in Australia after its passage, which caused chaos in the Pacific country.

Read next: Facebook and Google will pay for news content in New Zealand Countries adopt the Australian Playbook

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