Instead, the world-famous social networking website - which has come under fire in recent years for hosting fake news articles - has announced its plan to demote such content.
Explaining Facebook's stance on the contentious issue, the company's John Hegeman said: "We created Facebook to be a place where different people can have a voice."
Facebook will resist calls to remove fake news that does not break its own in-house rules.
However, the tech giant would rank-down content that is identified as false.
A spokeswoman explained to CNN: "We allow people to post it as a form of expression, but we're not going to show it at the top of News Feed."
Earlier this year, meanwhile, Facebook lifted the lid on the scale of its abuse problem.
The American technology giant decided, for the first time, to release internal data about the abuse issue, with the information proving an insight into other things, such as how often the social network removes something incorrectly.
Facebook's head of product management, Guy Rosen, explained: "There's a lot of little gotchas in how you count things.
"As we get better and as we improve and as we learn about the right way to do this, we will improve the methodology.
"We will be open about where we change and how we're doing it."