Bipartisan U.S. efforts to give news outlets new tools to collectively negotiate...
WASHINGTON - Bipartisan U.S. efforts to give news outlets new tools to collectively negotiate with large tech firms collecting the bulk online advertising revenue won support on Tuesday at a U.S. House Committee hearing on the fate of local journalism.
The bill, which gives small publishers a four-year safe harbor to band together to negotiate with online platforms, won industry backing at an antitrust subcommittee hearing Tuesday. “We must do something in the short term to save trustworthy journalism before it is lost forever,” Cicilline said. Matt Schruers, a vice president at the Computer & Communications Industry Association whose members include Google, Facebook and Amazon.com Inc, told the committee that “attempting to preserve public interest news with another antitrust exemption for news publishers is unlikely to succeed.”
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