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The news sites in Canada are owned by billion dollar media and telecom companies. Nowhere near the scale of Google & Facebook, but among the largest companies i
by chongli 3y ago
The news sites in Canada are owned by billion dollar media and telecom companies. Nowhere near the scale of Google & Facebook, but among the largest companies in Canada. Speaking as a Canadian, this is very much a protectionist law trying to prop up an old media business the public no longer has much interest in.
- akira2501 3y agoRight.. so the post I'm replying to suggests that Google and Facebook should just drop these larger publishers and instead abuse smaller publishers who "would just be happy for the exposure." So.. your argument is, because you don't like some media companies and are willing to speak on behalf of all Canadians, the market really isn't worth protecting at all?
- bdw5204 3y agoI don't see what is "abusive" about sending media companies free traffic. There are millions, if not billions, of web sites on the internet that would be thrilled to be "abused" by Google and Facebook in this way. The "abuse" here is certain media companies that think they're entitled to shake down tech companies that do them the favor of sending traffic their way. The core business model of Google and Facebook, which has made them into 2 of the most valuable companies in the world, literally involves other companies paying them for ads to draw some incoming Google and Facebook traffic to their web sites. If you can't run a profitable business when you're getting an enormous inbound of free inbound traffic from Google and Facebook then you're so utterly incompetent at running a business that it is best for everybody that capitalism be allowed to work its "creative destruction" magic and reallocate those resources to somebody who can use them profitably.