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Afaik - feel free to correct me - this is charging companies for when they show ppl the news content on their platforms bc when that happens theres no reason for people to go on the news site, so they dont, and those companies just profitted (or at least prevented the news sites from profitting) off info that someone else wrote. Is like if u look up "lemon nutrition facts" and then all the info is just right there, sometimes you can see in the corner or bottom a link to the website that info came from but a lot of people wouldnt even go onto the site because Google already showed them the info. So thats why this was done i think ?? I think something like this was tried in Australia too and Google didnt like it then either. But idk if it went through.
As I've read, Google would also have to pay them for the privilege of linking to their articles. You're not allowed to drive traffic and ad money to news sites without also paying them.
If it's anything like the dumb law the EU tried to pass (it did get passed, but with exemptions in the end luckily, for hyperlinking in particular), you can't even post a link to a news article on Facebook or Reddit because said companies would get in trouble for it.