Will Google relent and strike deal with the Canadian government that results in payment to Canadian publishers for links
Basic
5
Ṁ2348
resolved Nov 29
Resolved
YES

The Canadian Online News Act, or Bill C-18, signifies Canada’s initiative to create a framework ensuring that major digital platforms like Google and Meta (the company behind Facebook and Instagram) compensate Canadian media organizations for hosting their news content.

The Act seeks to establish a framework where digital giants develop agreements with Canadian news sites for sharing their journalistic content. This initiative echoes global efforts to have internet giants pay for news, akin to Australia’s News Media Bargaining Code.

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Ṁ1,000
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predicted NO

Related: https://manifold.markets/jbca/will-canadas-online-news-act-bill-c?r=amJjYQ

Will Canada's "Online News Act" (bill C-18) be amended or repealed by 2025?
74% chance. Resolution Criteria This market resolves YES if, before 2025, the "Online News Act" is amended or repealed in any way, regardless of the specific consequences of the change. This can occur either by an act of Parliament, or by a ruling of the Supreme Court that specifically deems some aspects of the law or its execution to have been illegal and requires a change. This is not satisfied by merely regulatory decisions, such as from the CRTC. (I'm not sure of the exact legal terminology here, but hopefully my intent is clear.) Otherwise, this market resolves to NO at the beginning of 2025 (UTC time). Context On June 22, 2023, Canada's government signed into law An Act respecting online communications platforms that make news content available to persons in Canada (the "Online News Act", bill C-18 of the First Session of the Forty-fourth Parliament). The law, sometimes described as a "link tax", requires "digital news intermediaries" to negotiate with "news businesses" if they want to link to their content. Google and Facebook both described the terms as "unworkable" and announced that in response they would be removing links to news websites from their services in Canada. Facebook began blocking links to news websites for Canadian users on August 1, 2023, and in response Canada's largest media companies are calling for an antitrust investigation of Facebook. The law was proposed by the current minority government of the Liberal Party under Prime Minister Justin Trudeau (152 MPs). It was supported the Bloc Québécois (32 MPs), the New Democratic Party (25 MPs), the Green Party (2 MPs), and the one Independent MP. It was opposed by the Conservative Party (115 MPs, with one voting in favour, detailed breakdown here), although the party's official 2021 election platform did advocate for a potentially-similar policy they called "digital media royalty framework". Canada's next election is scheduled to happen on or before October 20, 2025. Because the Liberal party to not control a majority (170 MPs) of parliament, an election can occur before this date if they fail to secure the support of another party in order to pass certain significant legislation. At the time of this market's creation, the Conservative party is significantly ahead in the polls and is projected by 338Canada to have a 90% chance of winning if an election were held today.

Maybe if the government dramatically reduces their demands, but as things are, no way that Google or meta accepts.

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