House lawmakers to stop their anti-trust investigations of technology companies, the crippled, focusing on a sector by the growth of the great technology: local journalism. The House Judiciary Committee, which will be announced a broad antitrust probe in the first hearing of the technology industry for the probe on June 11, hold the hearing, entitled “online platform and market power, Part 1: The Free Press and underwater” I focused in particular on how the dominance of Google and Facebook in online advertising, the economic viability of local news organizations has hurt. Rhode Island Rep. David Cicilline, who heads the House Judiciary subcommittee hearing on task, says a local decline of journalism of the devastating effects of the growing technology giant was, and should be illuminated. “It ‘s about the ability of people to access truthful, reliable local news, which is essential for the functioning of our democracy,” he says. “The loss of a diverse and free press has consequences for the future of our democracy.” As readers from print to online, local media have been particularly affected by Google and Facebook have stranglehold on the digital display of money has moved. An investment company media has estimated that the two companies would take all the digital display in 85% and expenses for 2018. The loss of revenue has been catastrophic for the vitality of local news. According to a 2018 report from the University of North Carolina, nearly 1 in 5 newspapers, almost 1,800 in total, have closed over the past 15 years. While Google and Facebook have pledged hundreds of millions of dollars in aid have initiatives to mitigate this problem, he says both Cicilline is not the biggest problem is not solved adequately compensate the media for creating content. “You see examples across the country where local newspapers of businesses go out, people will reject, and do not really have the ability to negotiate, because these two companies so big and so dominant.” Three witnesses are provided for in the oral measuring negotiation appear, although more will be added. They are: Gene Kimmelman, president of Public Knowledge, and a former senior antitrust officials at the Justice Department; David Chavern, the chairman of News Media Alliance, which represents 2,000 newspapers in the United States and Canada; and Sally Hubbard, director of the execution policy to Open Markets Institute, who worked on antitrust issues in the New York state government. The Judiciary Committee on June 3, the two sides to open an investigation of the major technology companies such as Google, Facebook, Apple and Amazon, designed to assess, first, whether the competition is stifling. Cicilline objectives have concluded a report by the end of 2020 with recommendations including legislative adjustments. But on a broader level, he says, it will allow the study of the legislature to investigate the effectiveness of antitrust law in the 21st century. “It ‘s easy to see what the problems are and anti-competitive behavior,” he says. “It ‘hard to develop a solution. One of the [sure] investigations values we have the best information and the best ideas, the way we Tinker an answer to this monopoly right now in this country we live to do so by supporting the best data and artist’s proofs picture by Mark Lennihan AP “.
Democrats have chosen the first goal of their technology sweeping anti-trust lawsuit
