Why are Facebook and Instagram ending news access in Canada?

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Why are Facebook and Instagram ending news access in Canada?
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Meta Platforms plans to cut off access to news on Facebook and Instagram for all users in Canada once a new law requiring internet giants to pay news publishers takes effect, arguing news has no economic value to the company and that its users do not use the platform for news. Canada drafted new rules afte

Meta Platforms plans to cut off access to news on Facebook and Instagram for all users in Canada once a new law requiring internet giants to pay news publishers takes effect, arguing news has no economic value to the company and that its users do not use the platform for news.

The Online News Act forces platforms like Facebook and Alphabet's Google to negotiate commercial deals and pay news publishers for their content. Google has argued Canada's law is broader than those enacted in Australia and Europe, and puts a price on news story links displayed in search results and can apply to outlets that do not produce news.

During the fight, Facebook blacked out Australian news pages and only restored them once the government granted concessions.

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