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04:04 - Source: CNN
Washington CNN Business  — 

A threat by Facebook owner Meta to remove news content from its platforms appears to have been averted — for now — after US lawmakers omitted an antitrust bill it opposed from the text of an annual defense spending bill released late Tuesday evening.

Meta had warned on Monday that if Congress passed the competition bill as part of the larger legislation — temporarily allowing digital news publishers to negotiate collectively against tech platforms for a larger share of ad revenues — then the social media giant “will be forced to consider removing news from our platform altogether.”

The warning had come amid 11th-hour reports that lawmakers were considering including the measure as part of the National Defense Authorization Act for Fiscal Year 2023. Meta declined to comment on Wednesday morning.