Meta is all set to block news sharing on its social networking platforms, Facebook and Instagram following the Canadian federal government’s new law that mandates digital forms to pay domestic media organisations for their content, according to a media report on Friday.
Reports mentioned that Meta in its official statement said, in order to comply with Bill C-18, passed in Canada’s Parliament, content from news outlets, including news publishers and broadcasters, will no longer be available to people accessing our platforms from the Canadian country.
It added that the new law known as the ‘Online News Act’ is introduced by the Canadian government to regulate the digital world and restrict the power vested in tech giants.
While this is not the only law that the government has passed for online platforms. Earlier, it had passed a law that directed streaming platforms like Netflix to promote Canadian content which received a massive backlash by users in the country.
The new law in Canada will mandate all tech majors to negotiate payments with media outlets in exchange for any post or content. Failing to do so will engage both parties in binding arbitration to determine proper compensation, as per reports.