Congressional lawmakers want to help the news media stay afloat as it faces extreme financial pressure from the rise of , and their online advertising duopoly.
The collapse of the news industry at the hands of those digital behemoths was the topic of Tuesday’s hearing before the House Judiciary Committee’s antitrust subcommittee. And for a rare moment, lawmakers from both parties seriously questioned committee witnesses about a pressing concern in American life and largely agreed on the needed solutions.
Rep. David Cicilline (D-R.I.), the subcommittee chairman, presided over the hearing. His panel is beginning a broad re-examination of the nation’s antitrust laws and how they can address the market power of the most highly capitalized corporations in the country. This investigation