One could argue it does, one could also argue it does not. If a company wants a quick takedown of something it feels 'isn't right', having to rely on something

One could argue it does, one could also argue it does not. If a company wants a quick takedown of something it feels 'isn't right', having to rely on something like that with limited precedent (and a high risk of setting the wrong precedent for them) is a lot more difficult, so you're more likely to not get C&D'd/sued over such - but if you then do something that is easier to sue over, like trademark infringement or more outright copyright infringement, you're likely getting hit for one of those whenever a company 'disliking you' notices instead of them trying the 'hard' arguments.