Meta, the social media group, formerly known as Facebook, is threatening to pull news from its platforms if the US passes a law that would force it to negotiate with publishers to pay for their content.
If this sounds familiar, your memory is correct: Australia proposed just such a law in 2021. Facebook pulled news from its platform for a few weeks, but then returned to the negotiating table and agreed to pay only local news outlets.
The Australian government has argued that news publishers' content has value for which Facebook and Google they weren't paying and he argued that they should by sending them money that would finance their activities.
The law on competition and preservation of journalism of the United States of America 2022 has similar goals, but is based on small publishers (companies with fewer than 1.500 employees). The new bill aims to help publishers and broadcasters band together and negotiate with companies like Facebook and Google on the “terms and conditions of accessof the platform in digital news content".
The definition of “platform” is online platforms with at least 50 million US-based users, with annual net sales exceeding $550 billion and having at least one billion active monthly users worldwide.
In short: Meta and Google.