We adopted this in Canada and Facebook/Instagram have banned news since 2023.

The idea is that social media companies offer summaries of news that replace reading the article for most people. Thanks to commenters bypassing paywalls they can get the full article too!

News companies cannot effectively negotiate with large social media companies for a slice of ad revenue due to discrepancies in size.

The government proposed a compulsory licensing scheme where websites with an "asymmetric bargaining position" (i.e Big Tech) that link to news must pay.

Google is paying $100 million,[1] Meta walked away from the negotiating table.

[1] https://www.theglobeandmail.com/politics/article-bill-c18-on...