I got tired of responding to every bad take regarding the Facebook Australia news on Twitter, and have now written a longer post about it. Just don't try to share it on FB in Australia. https://www.techdirt.com/articles/20210217/22383446265/bizarre-reaction-to-facebooks-decision-to-get-out-news-business-australia.shtml
Two years ago I asked if people wanted a better Facebook or a "dead" FB, and a *lot* of people said a dead FB. But after seeing how people responded to the Aussie news, I honestly think some people would argue FB shutting down was ALSO an "abuse of power" https://www.techdirt.com/articles/20190310/23214341772/do-people-want-better-facebook-dead-facebook.shtml
And just to respond to the point that now everyone who didn't read the article is making: YES, FB is probably the worst defender of the open web we could have, because it's long been an enemy of the open web. But what it's doing here is still a defense of t he open web.
And, yes, that's true even if FB isn't doing it *to* defend the open web. Letting this law move forward is an attack on the open web and everyone, including FB, should push back on it. Even if you hate FB and think it's bad for the open web. This law won't help.