Meta's logo can be seen on a sign at the company's headquarters in Menlo Park, California, Nov 9, 2022. (PHOTO / AP)
Facebook-parent Meta Platforms Inc said on Saturday that it would end availability of news content for Canadians on its platforms if the country's Online News Act passes in its current form.
The "Online News Act," or House of Commons bill C-18, introduced in April last year laid out rules to force platforms like Meta and Alphabet Inc's Google to negotiate commercial deals and pay news publishers for their content.
Canada's news media industry has asked the government for more regulation of tech companies to allow the industry to recoup financial losses it has suffered in the years as tech giants like Google and Meta steadily gain greater market share of advertising
"A legislative framework that compels us to pay for links or content that we do not post, and which are not the reason the vast majority of people use our platforms, is neither sustainable nor workable," a Meta spokesperson said as reason to suspend news access in the country.
ALSO READ: Meta heats up Big Tech's AI arms race with new language model
Meta's move comes after Google last month started testing limited news censorship as a potential response to the bill.
Canada's news media industry has asked the government for more regulation of tech companies to allow the industry to recoup financial losses it has suffered in the years as tech giants like Google and Meta steadily gain greater market share of advertising.
The Department of Canadian Heritage did not immediately respond to a Reuters' request for comment on Meta's move to end news access in the country.
READ MORE: Meta must face trial over AI trade secrets, judge says
Facebook last year raised concerns about the legislation and warned it might be forced to block news-sharing on its platform.