The BusinessWeek headline reads "Belgian Court Deals Google A Bombsheel". Hardly.
A court in Belgium has ruled that Google (GOOG) needs to take down news titles and summaries that are covered by copyright and be fined until the purge is completed. Google publishes headlines at its news service these link to the stories at the individual news sites.
Google News covers of 4,500 sources, and almost none of them want to lose the traffic that the Google links send them. Most large daily newspapers and TV sites are included in Google news along with hundreds of second tier news feeds.
Google should cut off the Belgian sites and deprive them of the traffic. It should do the same with any other news sources that sues it for infringement. It will not take long for news organizations to realize that Google may be their largest source of audience. And, if they do not need it for their businesses, they should be allowed to go on their way.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.