Meta Platforms Inc. (NASDAQ:META) has issued a warning to the Australian government. The company is considering blocking news content from its platform in Australia if it is required to pay licensing fees.
What Happened: Meta’s regional policy director, Mia Garlick, made this statement during a parliamentary hearing on Friday, reported Reuters.
“There’s a large number of channels that people can get news content from,” Garlick told the inquiry.
The company is awaiting the Australian government’s decision on whether it will enforce a 2021 law that allows it to set the fees that U.S. tech giants must pay media outlets for sharing their links.
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Garlick emphasized that Meta had taken a ...