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The Munk Debates Podcast

Munk Dialogue with Michael Geist: Why the Online News Act is a policy disaster

Dec 19, 2023
The Online News Act in Canada requires Google and Meta to pay Canadian news outlets for social media links. Michael Geist criticizes the legislation, arguing it will result in news organizations relying on government subsidies and becoming less objective. The podcast discusses the merits and demerits of the legislation, challenges of digital regulation, lessons from tech regulation, and the future of news.
43:04

Podcast summary created with Snipd AI

Quick takeaways

  • The Canadian government's Online News Act may lead to news organizations becoming more reliant on government subsidies and less objective in their reporting.
  • The legislation's approach to making tech companies pay for news content overlooked user preferences and failed to prioritize competition and privacy issues.

Deep dives

The Impact of Government Subsidies on News Organizations

The Canadian government introduced controversial legislation (Bill C.A.T.) requiring Google and Meta (Facebook and Instagram's parent company) to pay Canadian news outlets for linking their content on social media sites. Meta responded by blocking Canadian news content, while Google agreed to pay $100 million annually to be exempted from the act. Critics, including Michael Geist, argue that news organizations have entered into a Faustian bargain with the government, potentially leading to increased reliance on government subsidies and damaging their credibility. The legislation also raises questions about fair coverage during elections and the potential hindrance of innovation by benefitting incumbents.

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