Sounds great, but who gets to decide what is fake news?

Article does not give too many details. Apparently

These outlets and the platforms that host them must have a mechanism to facilitate citizens’ right to ask that false or inaccurate information that harms them be corrected publicly, the ministry said.

So there is a citizens’ right? That's going to be interesting. Anybody with an axe to grind, can file a request for correction. hmm, that's going to work great.