Meta Warns Labor’s New Media Tax Could Trigger US Trade Action

Meta Warns Labor’s New Media Tax Could Trigger US Trade Action Meta strongly opposes the Australian government’s News Bargaining Incentive, a proposed tax on Big Tech revenue unless they pay news outlets for content. The company argues that news organizations voluntarily share content on its platforms for commercial benefits like referral traffic and audience growth. Meta warns this second attempt to regulate digital platforms could lead to trade action from the US.

• Meta opposes the Albanese government’s News Bargaining Incentive, a proposed tax on Big Tech.
• The tax would be 2.25 percent of local revenue if deals aren’t signed with Australian media companies.
• Meta claims news organizations share content voluntarily for commercial benefits like referral traffic and audience growth.
• The company suggests this proposal could trigger US trade action.