Interesting point about reordering search results to favor known-legit content distribution channels...roughly: "Can we get Google to put Netflix above TPB in search results?"
If this is still a terrible idea, it's not an obviously terrible one.
It's terrible in that a lot of the times smaller organic sites are much more relevant than big-box "trusted" sites.
That's why organic search algorithms are good.
Furthermore, there's a terrible burden for startups moving into certain spaces if suddenly you can't get ranked because you're not a Trusted source.
Plus, controlling search engine neutrality or listing position is not the business of the government or rightsholder. Remember, Google is a private entity.
Altering results (other than to show you the most relevant pages) ruins Google's perceived neutrality. All of a sudden Google becomes liable for showing you something they shouldn't, instead of being a neutral third-party.
If this is still a terrible idea, it's not an obviously terrible one.