for monopolising the digital advertising market and siphoning revenue that would’ve gone to the journalism industry.
Regardless of if the big tech giants did it or not, it’s widely known now that the newspaper industry is slowly dying. The newspaper industry’s ad revenue went down from USD 37.8 billion in 2008 to USD 14.3 billion in 2018. Meanwhile, Google made a whopping USD 183 billion in 2020 alone, with 80% of that coming from advertising.
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