Facebook has threatened to stop everyone in Australia from posting or sharing news articles on its platform, reacting to a proposed law demanding it pay local media companies for their work. It seems that if Facebook can't have their content for free, it would rather not have it at all.
In a blog post on Tuesday, Facebook Australia and New Zealand's managing director Will Easton lashed out at draft legislation put forward in July. Developed by the Australian Competition and Consumer Commission (ACCC), the proposed new laws are intended to regulate dealings between tech giants and local news outlets, ensuring negotiating power is more balanced and preventing publishers from being exploited. Read more...
More about News, Facebook, Australia, Laws, and Media Industryvia IFmashable.com
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