Canada's media industry has called for tighter regulation of internet giants to allow news businesses to recoup financial losses suffered in the years that Facebook and Google gained a greater share of the online advertising market.
Facebook and Google said the proposals were unsustainable for their businesses and for months signaled possibly ending news availability in Canada unless the act was amended. "This shows how deeply irresponsible and out of touch they are, especially when they make billions of dollars off of Canadian users."
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