Australian Communications Minister Michelle Rowland and Assistant Treasurer and Financial Services Minister Stephen Jones called Meta’s decision a “dereliction of its commitment to the sustainability of Australian news media”. https://www.aljazeera.com/economy/2024/3/1/facebook-owner-meta-to-end-deals-funding-news-in-australia-germany-france #auslaw #auspol #socialmedia The Australian Government is weighing up its legal options under competition law, media and communications law, and investment law.
Meta says it will stop funding news in Australia, prompting backlash
Canberra blasts Meta’s decision as a ‘dereliction of its commitment to the sustainability’ of the media industry.Al Jazeera
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