Ben Evans, on the e500m fine France has levied on Google for “not negotiating ‘in good faith’ to pay newspapers whenever a link to their sites appears in search”:

The underlying reasoning is very simple and make perfect sense, if you’ve never used the internet or thought much about how it works: “Newspapers have to be on Google and FB, but G&FB need them as well for completeless, and G&FB’s market power means the newspapers can’t demand payment for this. So, this is a competition problem”. Sure, except that 1: no-one else pays to make a link either (I don’t, and I have no market power) and 2: why should it only be newspapers that get paid, and not the other 99% of links that show up in search results?