What is "leistungsschutzrecht"

Leistungsschutzrecht (translation: ancillary copyright) is a bill in Germany. It would give press agencies the exclusive right to publish press releases for commercial purposes on the Internet and would require search engines such as Google to obtain licenses for using small text passages. A Google spokesman called it "a black day for the Internet in Germany". Many Wirtschaftsverbände regard it as useless and critics fear a reduction in diversity of opinion. Wikimedia Deutschland regards this as dangerous "for the creators of free content in general and for providers of open content platforms in particular".