Strikes me as a very important move by the US towards “open access” academic research.
By 2026 all US federal agency funded research must be free to read immediately on publication.
This has been talked about for a very long time.
In a recent transcript from Stream by AlphaSense (sign up for two free weeks here), a former Elsevier Director, argued the effect on RELX business will be a “small negative” as they will find ways to charge for ancillary parts of research (reviews, data etc). The hit to smaller publishers will be worse.