Facebook threatens to ban news in Australia over payment row"This is not our first choice – it is our last."
What you need to know
Facebook says it may stop allowing publishers and users from sharing news stories on Facebook in Australia.
It's over a new draft law proposed by the Australian Competition and Consumer Commission.
Facebook says the proposed change will let publishers charge as much as they like for content "with no clear limits."
Facebook has threatened to ban the publishing of news stories on its platform in Australia over proposed new laws by Australian competition authorities.
In a press release the company stated:
Australia is drafting a new regulation that misunderstands the dynamics of the internet and will do damage to the very news organisations the government is trying to protect. When crafting this new legislation, the commission overseeing the process ignored important facts, most critically the relationship between the news media and social media and which one benefits most from the other.
Facebook says...
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Facebook threatens to ban news in Australia over payment row
