The Canadian government has introduced new regulations under the Online Information Act, which require social media giants to pay media outlets for content shared on their platforms, adding that the proposed regulations clarify which companies are subject to the law.
Meanwhile, Meta said this new set of rules would not affect its business decision to end news availability in Canada. However, if companies cannot reach an agreement with the media, they may have to go through mandatory supervised negotiations. by the Canadian Radio-television and Telecommunications Commission.
In addition to the above, the country’s authorities indicated that the project would raise 44 million dollars per year from Facebook, which is announced at a time when the social network led by Mark Zuckerberg obtains revenues of 117 billion dollars per year.
Finally, this new regulation emphasizes that any agreement concluded by the platforms must also include local independent information companies, indigenous and official minority language communities.
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