The tech giant, Facebook threats news sharing ban in Australia

Facebook prepares to frame a new law that imposes payment on users sharing/reposting articles. Regulators have also asked for payment of content reposting.

Google warned its users that as a consequence, the search services would be even worse.

The current move (banning news) headed by Facebook, has stirred tension between regulators and tech firms. According to social media networks, if the proposed move prevails as law, it’ll lead to banning news in Australia.

“The code simply aims to bring fairness and transparency to Facebook and Google’s relationships with Australian news media businesses,” ACCC chairman Rod Sims said.

The Australian Competition and Consumer Commission (ACCC) has drawn up the rules to “level the playing field” between the tech giants and publishers that it says are making efforts owing to the lost advertising revenue.

Facebook’s managing director for Australia and New Zealand Will Easton, said the draft law “misunderstands the dynamics of the internet and will do damage to the very news organizations the government is trying to protect”.

Easton said that Facebook sent 2.3bn clicks from Facebook’s newsfeed back to Australian news websites, worth nearly A$200m ($148m; £110m) during the first five months of the year.
The banning of news “is not our first choice – it is our last,” he added.

Google, Facebook, and others have been getting away with giving it away for free for too long,” Michael Wade, a professor at the IMD Business School in Switzerland and Singapore, told the BBC last month.

A Facebook spokesman told the BBC that it will “provide specific details soon” on how the ban will be imposed.

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