Of course the likely end result is going to be that legitimate news will disappear from Facebook and there will only be misinformation left. I'd rather see them address the spread of misinformation instead of the spread of quality news.
The legacy consolidated news organizations getting a sweet free new revenue stream are glad that they've been able to convince so many people that big tech linking to them is actually a "stranglehold" and a problem!
I trust neither involved side here, ever since the EU tries to push for age snifing and abolishing VPNs. At the same time US corporations ruin a LOT of the world wide web, and that continues. I don't think we need to accept this anylonger. Out with them.
And the stranglehold is not big tech over the newspapers, but big tech over the internet.
The less charitable interpretation is that interest groups are just harnessing the current kneejerk reaction for anything anti-"big tech" to serve their own interests. See also: people being theoretically in favor of affordable housing, but are also against "greedy developers" and "luxury condos" so nothing gets built.
Luxury condos increase supply, driving down the price of all housing. It's economics 101.
>You're actually saying that people want affordable food, but object to building more luxury restaurants, so that nobody gets fed at all.
The point is that all the stipulations people have on top eg. "organic" makes it harder to create more supply.