The Impact of Bill C-18 on Web Giants and News Organizations

In this chapter, the speakers discuss their concerns and criticisms of Bill C-18, a bill aimed at addressing the presence of web giants like Facebook and Google in the Canadian advertising market. They express their fear that the bill could scare away platforms and deprioritize news, while also highlighting the collapse of revenue for traditional media and the massive revenue accumulation of web giants. The chapter also explores potential solutions such as a digital ad revenue tax to support the news industry.