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June 12, 2019
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Tech on trial: House mulls antitrust help for news industry
By MARCY GORDON
AP Business Writer
WASHINGTON (AP) —
Members of both parties
on Tuesday suggested leg-
islation may be necessary
for the financially-strug-
gling U.S. news industry as
lawmakers began a bipar-
tisan investigation into the
market dominance of Sili-
con Valley companies.
At a hearing of the House
Judiciary Committee’s an-
titrust panel, news media
associations accused the
tech companies of jeop-
ardizing the industry’s eco-
nomic survival by putting
news content on their plat-
forms without fairly com-
pensating them.
“This is the first significant
antitrust investigation un-
dertaken by Congress in
decades,” Rep. David
Cicilline, D-R.I., the sub-
committee’s chairman,
said at the start of the
hearing. The investigation
is long overdue, he said, Kevin Riley, editor of the Atlanta Journal-Constitution, right, talks with David Pitofsky, General Counsel of News Corp, during their
and Congress must deter- appearance before the House Judiciary Antitrust subcommittee hearing on ‘Online Platforms and Market Power’, on Capitol Hill in
Washington, Tuesday, June 11, 2019.
mine whether the antitrust Associated Press
laws “are equipped for the
competition problems of try in recent years, saying ated “an economic catas- quality journalism.” At the operated with virtual immu-
our modern economy.” the dominant position of trophe for news publishers, same time, he said, tech nity from the antitrust laws.”
Cicilline noted the steep the online platforms in the forcing them to cut back platforms that are gate-
layoffs in the news indus- advertising market has cre- on their investments in ways to news online “have Continued on Page 2
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