The Australian government is targeting Meta on a wide range of issues and will keep doing so until they transfer more money to news oligarchs to compensate them for "loss of business model".
I am vehemently against it, but no matter which party you choose to vote for, the result has been the same.
(Aside: An amusing thought experiment is how voraciously would the Australian government pursue Murdoch's media empire had it committed a similar act? A $50 million fine would kill it's Australian enterprise, or at least be nearly-fatal, I'd hope...)