By Byron Kaye and Jonathan Barrett
SYDNEY (Reuters) - Facebook Inc <FB.O> on Tuesday said it would stop Australians sharing news content on its platforms if a proposal to make it pay local media outlets for their content becomes law, escalating tension with the Australian government.
Under Australia's closely watched internet reform, the country will become the first to make the social media behemoth and Alphabet Inc's <GOOGL.O> Google pay for news sourced from local providers under a royalty-style system.
Facebook's plan to block the sharing of news on Australian user accounts, rather than pay royalties, puts the firm broadly in step with Google on the matter and pushes the prospect of an agreement with the government further out of reach.
"Assuming this draft code becomes law, we will reluctantly stop allowing publishers and ...
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