KUALA LUMPUR: Malaysia announced on Tuesday( Sep 5 ) that it is thinking about regulations that would require the parent companies of Facebook and Google, Alphabet, to pay news organizations for content they source.
After meeting with representatives from both companies, the Malaysian Communications and Multimedia Commission( MCMC ) stated in a statement that Malaysia is in discussions with Google, Meta, and other significant online platforms regarding the regulatory framework.
According to the MCMC, the proposed rules may be comparable to those in Australia, which in 2021 mandated that Google and Meta pay media sources for information that generates taps and advertising revenue.
Related to Canada’s Bill C – 11, which aims to control streaming platforms and mandates that they support American content, the MCMC is even considering regulations.
The regulations, according to the statement, are a part of the government’s efforts to address” disparities” in local media and modern platform revenue and to guarantee” fair compensation for news articles creators.”
In order to target website harm like child sex abuse material, online gaming, and economic scams, the MCMC said it was also in discussions with social media platforms.
Under Prime Minister Anwar Ibrahim, who took office in November, Malaysia has increased its examination of website content.
Malaysia announced earlier this year that it would sue Meta for failing to take action against damaging information on its Facebook program, but the plan was eventually shelved after meetings with the company.