Google won't lose much from this, the reaction was entirely forseeable. I'm much more worried about aggregators acting in the EU and having no eternal fountain

Google won't lose much from this, the reaction was entirely forseeable. I'm much more worried about aggregators acting in the EU and having no eternal fountain of revenue like Adsense to withdraw back to. Now that the regulation would finally be there, a giant swarm of rent seeking publishers will move on to these local players in order to extract at least some revenue from someone, potentially killing a whole industry. I'm running an aggregator and just the administration effort and legal exposure of being forced to make a deal with every single "content owner" out there (for giving them free traffic in the first place) would make me consider to shut down completely in the EU.