Facebook to ban advertising for pages sharing 'fake news' articles

In a statement released on their site on Monday, Facebook took a strong stance against the spread of on the social platform.

According to the press release, Facebook will begin barring pages that "repeatedly share stories marked as false" by third-party fact-checking organizations from advertising on the platform.

"False news is harmful to our community," the statement reads. "It makes the world less informed and erodes trust."

To curb the spread of fake news, Facebook intends to disrupt "economic incentives to create false news," along with creating products that counters its' spread and helping inform users on media literacy.