A new EU law threatens the ability of small and independent publishers to reach new customers and compete with industry giants on merit. The “link tax” would put a price tag on small snippets of articles, such as those usually accompanying listings on news aggregators and links from social networks. Proponents of the law claim to have publishers’ interests in mind, but in Germany and Spain, similar laws have already harmed media pluralism. Will the same mistake soon be repeated EU-wide?