Britain considers regulating Facebook and Google as news publishers
Oct. 10, 2017 12:32 PM ETMeta Platforms, Inc. (META)META, GOOG, GOOGLBy: Brandy Betz, SA News Editor23 Comments
- Britain is considering classifying and regulating Facebook (NASDAQ:FB) and Google (GOOG, GOOGL) as news publishers, rather than platforms.
- “We are looking at the role Google and Facebook play in the news environment,” says a spokesman for Prime Minister Theresa May. “As part of that work we will look carefully at the roles, responsibility and legal status of the major internet platforms.”
- Consultancy group Enders Analysis says 6.5M British internet users get most of their news from Facebook.
- Facebook shares are down 0.72%.
- Previously: Washington Post: Russian-bought ads spread on Google platforms (Oct. 9)