💰 Congress dropped a controversial media bill which saw Facebook threaten to ax news in the US if the act passed, report says

TL;DR

Congress excluded a controversial media bill from the National Defense Authorization Act after Facebook threatened to ax news in the US, the Washington Post reported.The Journalism Competition and Preservation Act (JCPA) was left out of Congress' defense spending bill for 2023, with no mention of it in the bill's text, which was released on Tuesday.The JCPA was introduced by senator Amy Klobuchar with bipartisan support to give publishers and broadcasters negotiating power over how their news content is distributed on online platforms like Facebook and Google.The statement said: "The Journalism Competition and Preservation Act fails to recognize the key fact: publishers and broadcasters put their content on our platform themselves because it benefits their bottom line — not the other way round.Consumer advocacy groups and think tanks including the Electronic Frontier Foundation and Public Knowledge published an open letter on Monday arguing against the JCPA, because it could increase "disinformation, hate speech, and harassment.""

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