Meta vows to boycott US news outlets on Facebook if Dem-sponsored ad revenue bill is signed into law

Meta, the company formerly known as Facebook, recently threatened to boycott U.S. news outlets on its platform if Congress passes a law giving said outlets "greater power" to acquire a larger share of the platform’s ad revenue.

Media companies in favor of the law claim that Meta generates massive income from their news articles, while the social media platform pushed back by saying that Meta drives viewership to news sites.

BBC News reported on this brewing feud between the social media giant and news outlets, pending the passage of the Journalism Competition and Preservation Act (JCPA).

The piece opened, stating, "Meta has threatened to remove news content from Facebook in the US. It objects to a new law that would give news organizations greater power to negotiate fees for content shared on Facebook."

The bill has yet to be enacted by Congress, however BBC News indicated that it has bipartisan support. It was first introduced by Sen. Amy Klobuchar, D-Minn., with the intention of "tackling the dominance of Big Tech," BBC News claimed.

As the outlet reported, "It would give publishers and broadcasters greater powers to collectively bargain with social media companies for a larger share of ad revenue."