(a) the content is reproduced on the service or is otherwise placed on the service; or
(b) a link to the content is provided on the service; or
(c) an extract of the content is provided on the service.
Which quite literally means that they consider a post that only contains hyperlink (b) or a link and only a title (even just the title would fall under (c)) to be as bad as a social media site ripping off the whole article!
This was the same conflation used by the supporters of the law and pretty much every news article about it before it was passed, basically all of which dishonestly claimed that social media sites were doing (a) when they were mostly only posting a title and sentence or two synopsis (that is supplied by the news site itself in its meta tags!!)
Why ? When the alternative is to let companies to whatever makes the number go up at the expense of everyone else, regulation is the only thing to protect normal people.
If you send traffic to some e-commerce platform through an affiliate link, you are the one who gets paid. These companies are instead trying to rig the system in such a way that the affiliate would be forced to pay them. It's an absurd and desperate proposal that deserves to be rejected.
If Meta and co create their own content, they're free to do with it what the like. I need to pay google maps for a certain amount of useage etc. Why should Meta and co get an exception on content ?
This isn't what is happening. People read the summarized headline/article on meta's turf and then don't go to the source article. If meta were just posting the link, it would be fine, but that isn't what is happening here.
Meta's fix has been to try to walk away from the news. They removed the news tab in some regions.
The best thing, imo would be that Meta has enough dev talent that they could just post the link and not the summary. It isn't for the publishers to decide what information a Meta user's post contains.
In other words (IMO): rev share for summaries seems reasonable; a tax on links does not. It's like the way music handles sampling: there were many lawsuits that resulted in there being a clearing requirement for the cost of using a sample of a song in your music, e.g., Biz Markie vs. Gilbert O'Sullivan (1991).
Why are we not getting kickbacks?
Something starting from Reddit mods?
I guess the daily active users are something else though.