Doesn't work by design, because of Final Offer Arbitration baked into the solution. FB and news cartel are expected to enter negotiations and at the end set their respective "final" best offers and government gets to choose one of them that will take effect. Everyone knows what will happen.

The only winning move is not to play.

But I thought the talking point was that "the news orga are benefiting from meta/google more before the law than after"

If that's the case then why would media companies pursue deals that would lead to them getting removed from the site?