July 11 (Reuters) – Several Canadian companies and government agencies have stopped advertising on Facebook and Instagram after Meta Platforms (META.O) decided to stop news access on the apps over a law that requires payments to local news publishers.
The “Online News Act”, which was approved by the Canadian parliament and received a royal assent on June 22, prompted a similar response from Google-parent Alphabet (GOOGL.O).
Below is a list of companies that have paused advertising on Meta’s social media platforms:
Reporting by Tanya Jain and Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar
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