The
The proposal would have to pass Australian Parliament.
"Assuming this draft code becomes law, we will reluctantly stop allowing publishers and people in
Easton said the proposed law would force Facebook to pay for content that publishers voluntarily post, at prices that ignore fiscal values.
"We are left with a choice of either removing news entirely or accepting a system that lets publishers charge us for as much content as they want at a price with no clear limits," Easton added. "Unfortunately, no business can operate that way."
If the proposal becomes law,
"We already invest millions of dollars in Australian news businesses and during discussions over this legislation we offered to invest millions more," Easton said.
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