> providing little value while extracting virtually all the profits
This is a wildly inaccurate statement. Users have every opportunity to visit the news sites directly and yet they choose not to. So clearly search and social media sites are providing value.
> They are constantly moving the goal posts, which can ruin businesses overnight
We're only talking about news businesses for the purposes of this law. If a news outlet is entirely dependent on google search traffic for their revenue then they don't have a stable business to begin with.
This whole law makes the assumption that Google and Facebook are the reason new outlets are losing revenue, but I have yet to see any evidence of that.
> providing little value while extracting virtually all the profits
This is a wildly inaccurate statement. Users have every opportunity to visit the news sites directly and yet they choose not to. So clearly search and social media sites are providing value.
> They are constantly moving the goal posts, which can ruin businesses overnight
We're only talking about news businesses for the purposes of this law. If a news outlet is entirely dependent on google search traffic for their revenue then they don't have a stable business to begin with.
This whole law makes the assumption that Google and Facebook are the reason new outlets are losing revenue, but I have yet to see any evidence of that.