Members of both parties suggested legislation
may be necessary for the financially-struggling
U.S. news industry as lawmakers began a
bipartisan investigation into the market
dominance of Silicon Valley companies.
At a hearing of the House Judiciary Committee’s
antitrust panel, news media associations
accused the tech companies of jeopardizing the
news industry’s economic survival by putting
out news content on their platforms without
fairly compensating them for it.
“This is the first significant antitrust investigation
undertaken by Congress in decades,” Rep. David
Cicilline, D-R.I., the subcommittee’s chairman,
said at the start of the hearing. The investigation
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