The Digital Markets, Competition and Consumers Bill currently working its way through the UK Parliament could see Meta (as well as Alphabet) labeled as holding Strategic Market Status (SMS) and therefore asked to financially contribute to content creators to ensure fair competition in the digital market. The amount paid would be decided under arbitration, with the Competition and Markets Authority issuing fines for companies who refuse to pay. Similar systems are under consideration in Malaysia, New Zealand, and the US; the EU already has a law in place that has led Google to sign revenue-sharing deals with more than 300 publishers. Alphabet and Meta are pushing back, claiming that news is
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