Yahoo redistributes Associated Press and Reuters news articles, among others. They pay the subscription fees, and are effectively a nationwide publisher.
Google has already fought this battle over article linking (in search results) in other countries. When they've lost, they simply shut down operations there. In some cases, the lost of referrals were devastating to the content providers.
I have a feeling all this won’t go as planned by the feds because of their own self-absorbed, “look at me” narcissist leftist pamsies who so desperately need attention online. They will turn on them and shriek like little sissy girls until they get their way. I can already hear Perez Hilton whining because he can’t deliver his online commentaries about news on other famous gay celebrities.