What is the U.S.A’s Journalism Competition and Preservation Act (JCPA)?

About  U.S.A’s Journalism Competition and Preservation Act (JCPA):

• Australia and France have enacted similar laws, following which companies like Meta and Google have agreed to pay publishers in those countries.
  • Australia had introduced a similar law last year, called the News Media Bargaining Code.
  • In 2019, France became the first EU country to enact a directive on the publishing rights of media companies and news agencies, called “neighbouring rights”.
• Others like Canada and New Zealand are currently deliberating similar legislation.
• The draft legislation, known as the Journalism Competition and Preservation Act (JCPA) of 2022, would allow publishers — who have long complained of dwindling revenues as social media platforms cornered a large chunk of online advertisements — greater powers to collectively bargain with companies like Facebook and Google for a larger share of ad revenue.
• JCPA was initially included in the annual national defence spending bill of the US which will have to be passed by the end of this year.

Source: Indian Express

‹ ›