Microsoft to Be Included in US Antitrust Listening to on Huge Tech Dominance of Information Shops
A House of Representatives antitrust-focused judicial panel will hear on Friday from three witnesses representing a number of news organizations who have concerns about how major tech platforms like Alphabet’s Facebook and Google are increasingly dominating their industries.
The antitrust subcommittee that leads the indictment against technology platforms and, in this case, focuses on their relationships with news organizations, will also hear from Microsoft President Brad Smith.
Social media companies use news to attract customers and have been accused by news publishers of not sharing enough advertising revenue with them.
Witnesses at Friday’s hearing included David Chavern, head of the News Media Alliance, which includes News Corp and USA Today; Emily Barr, who represents the National Association of Broadcasters and the Graham Media Group, which has 7 local television stations; and Jonathan Schleuss, president of NewsGuild-CWA, a union that represents journalists, the statement said.
Bipartisan Congressmen are expected to introduce a bill in the near future that will make it easier for smaller news organizations to negotiate better deals with big tech platforms and grow their revenues.
© Thomson Reuters 2021
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