Meta threatens to remove news content over US journalism bargaining bill

Facebook owner Meta threatened to remove news content from its platforms on Monday following reports that US lawmakers have added controversial legislation favoring news media to the annual defense authorization bill. The warning highlights the danger that Meta perceives to its business model in the face of the proposed bill, known as the Journalism Competition and Preservation Act (JCPA).

The legislation introduced by Sen. Amy Klobuchar and backed by more than a dozen other lawmakers from both parties would create a four-year exemption under US antitrust law allowing news outlets to bargain collectively against social media platforms for a larger share of ad revenue in exchange for their news content.

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