Meta Platforms announced what is sure to be controversial changes to its social media app in the UK, France, and Germany. Starting in December, Facebook will no longer offer the ‘Facebook News’ feature in those countries. The news feed feature being removed was first launched in the U.S., the U.K., Germany, France and Australia.
According to Meta, News only accounts for less than 3% of what people see in their Facebook feed, therefore “the vast majority of people” don’t actually use the News feature. Because of this, they are focusing their “time and resources on things people tell us they want to see more of on the platform, including short form video.”
However, all is not lost for European news publishers. Meta says that users will still be able to view links to news articles, and European news publishers will still have access to their Facebook accounts and pages in December. Additionally, Meta plans to honor “obligations under all existing Facebook News deals” with publishers in the UK, France, and Germany until December.
Related: Meta To Pull News From Facebook Over Canada’s Online News Act
Meta is also rumored to be exploring ad-free paid subscriptions in Europe. This could be an effort by the internet giant to appease European regulators, who are concerned about data collection and privacy.
The move signals a push by Meta to focus more on providing services that people want, and less on the showcasing and curation of news. According to their statement, “As a company, we have to focus our time and resources on things people tell us they want to see more of on the platform, including short-form video.”
Source: Reuters
Featured News
Clifford Chance Expands Global Antitrust Team with New Partner
Dec 6, 2024 by
CPI
Spain’s Financial Regulator Awaits Antitrust Decision on BBVA’s Hostile Bid for Sabadell
Dec 5, 2024 by
CPI
RealPage Seeks Dismissal of DOJ Antitrust Suit, Citing Legal Flaws
Dec 5, 2024 by
CPI
EU Competition Chief Signals Potential Google Breakup Amid Big Tech Scrutiny
Dec 5, 2024 by
CPI
Turkey Closes Antitrust Probe into Meta’s Threads-Instagram Practices
Dec 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Moats & Entrenchment
Nov 29, 2024 by
CPI
Assessing the Potential for Antitrust Moats and Trenches in the Generative AI Industry
Nov 29, 2024 by
Allison Holt, Sushrut Jain & Ashley Zhou
How SEP Hold-up Can Lead to Entrenchment
Nov 29, 2024 by
Jay Jurata, Elena Kamenir & Christie Boyden
The Role of Moats in Unlocking Economic Growth
Nov 29, 2024 by
CPI
Overcoming Moats and Entrenchment: Disruptive Innovation in Generative AI May Be More Successful than Regulation
Nov 29, 2024 by
Simon Chisholm & Charlie Whitehead