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‘Disaster’: warning for democracy as experts condemn Meta over Canada news ban
(www.theguardian.com)
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this post was submitted on 04 Aug 2023
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Australia went through a similar thing. Facebook got what they wanted after a few days.
They didn't cave Facebook reached an agreement with the News outlets. It says to a total of 200 million AUD to various news outlets. And Facebooks problem with the bill is there was no limit to how much they could pay.