Quantcast
Connect with us

Media sector seeks new powers to challenge Big Tech

Published

on

Big Tech firms are clobbering traditional news organizations, media representatives told lawmakers Tuesday, asking for new authority to allow the struggling sector to team up against online platforms.

The comments came as the House Judiciary Committee opened the first in what is expected to be a series of hearings examining the dominance of Big Tech in several economic sectors.

Tuesday’s hearing sought to focus on the plight of news organizations, which have struggled to keep up with the dominance of Facebook and Google in online advertising.

“In effect, a couple of dominant tech platforms are acting as regulators of the digital news industry,” said David Chavern of the News Media Alliance, previously known as the Newspaper Association of America.

“The result of the tech platforms’ regulation of the news industry has been to siphon revenue away from news organizations.”

ADVERTISEMENT

But Chavern said that rather than push for a breakup, Congress should pass a law giving the media sector its own antitrust exemption to better compete with Big Tech.

He cited the proposed Journalism Competition and Preservation Act as “an innovative, market-oriented solution” to the problem.

“Markets work best when different parties can negotiate with one another on reasonably even footing — and where both parties have some leverage to credibly withdraw from negotiations if the other side demands unreasonable or exploitative terms,” he said.

ADVERTISEMENT

The bill “helps remedy this imbalance by allowing news organizations to bargain collectively against dominant tech platforms.”

David Pitofsky, general counsel at News Corp, which publishes the Wall Street Journal, offered similar remarks.

“If publishers could band together they might be able to use their collective leverage to bring the platforms to the negotiating table. But doing so is made impossible by the antitrust laws,” Pitofsky said.

ADVERTISEMENT

Pitofsky said he is hopeful for “reinvigorated antitrust enforcement” but noted that this would “require years of investigation and litigation.”

“In the interim, news publishers need a fighting chance. The Journalism Competition and Preservation Act is well-designed to help restore the proper balance between content generators and content distributors.”

Gene Kimmelman of the consumer group Public Knowledge said the news sector’s woes are deep but should be resolved through market forces.

ADVERTISEMENT

“We do not believe this problem will be solved by allowing more consolidation of power, whether among platforms or media,” Kimmelman said.

“And we believe exceptions to the antitrust laws should be a tool of last resort, if they are ever used. Enabling excess market power to challenge the existing dominant platforms does nothing to address the long term need to develop market forces that promote strong local journalism.”


Report typos and corrections to [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Facebook

Rep. Omar calls out Trump’s ‘complete hypocrisy’ for saying America isn’t ‘great’

Published

on

At the press conference for the four Democratic congresswomen President Donald Trump told to 'go back where they came from,' Rep. Ilhan Omar (D-MN) hit upon one of the most galling aspects of the situation: Trump is attacking them, on a fundamental level, for one of the very things he promised voters he would do as president.

"Every single statement that we make is from a place of extreme love for every single person in this country," said Omar, who was accompanied by Reps. Alexandria Ocasio-Cortez (D-NY), Rashida Tlaib (D-MI), and Ayanna Pressley (D-MA). "It is part of the mandate of why we ran for office and why we got elected."

Continue Reading

Facebook

Fox News host: Dem congresswomen targeted by Trump’s racism held presser just to ‘pout’

Published

on

Fox News hosts at "The Five" responded to the press conference by four Congresswomen of color with outright sexism.

"Donald Trump won that press conference. Nancy and 'The Squad' lost. It looks like they want to victimize themselves even further," said host Jesse Waters, saying "We will not be silenced."

"I don’t think that’s the way to go against President Trump. You have to meet them on the same level," Waters continued, though he didn't explain what that meant. "They are continuing to play the victim and pout and now they want to impeach him for tweeting. They are saying he’s a white nationalist and he’s committing human rights violations and deporting all these people."

Continue Reading
 

Facebook

‘This is his plan to pit us against each other — to continue to enrich his friend’: Ilhan Omar demands Trump’s impeachment

Published

on

Rep. Ilhan Omar (D-MN) ripped President Donald Trump on Monday for his "blatantly racist" attacks on the four young women of color known as "The Squad."

Omar made her remarks in a press conference with Reps. Alexandria Ocasio-Cortez (D-NY), Ayanna Pressley (D-MA), and Rashida Tlaib (D-MI).

"This country was founded on the radical idea that we are created equal and endowed by our creator with inalienable rights. And, yes, we have a long way before we fully live up to those values. It is for this reason precisely that we have to take action when a president is openly violating the oath he took to the Constitution of the United States and the core values we aspire to," Omar said.

Continue Reading
 
 
 

Copyright © 2019 Raw Story Media, Inc. PO Box 21050, Washington, D.C. 20009 | Masthead | Privacy Policy | For corrections or concerns, please email [email protected]

close-image