Facebook, Google could pay billions of dollars under proposed copyright law

U.S.-based Facebook Inc. and Google L.L.C. could be forced to pay billions of dollars to media publishers, music companies and filmmakers if a proposed copyright rule is formally adopted in Europe, Fox News reported. The European Union parliament approved an amended version of the copyright law on Sept. 19. Under the proposed law, news aggregation platforms like Google and Facebook will need to pay publishers for showing news snippets or linking to news stories on other websites. 

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