Nadler: Congress vows action to preserve free press in digital age

Tuesday, 11. June 2019 21:12

Chairman of the House Judiciary Committee of the United States Congress Jerry Nadler (pictured) stated on Tuesday that the news media in the US face serious threats that may warrant lawmakers to act to preserve the freedom of the press. During the hearing on online platforms and their market power, held by the Subcommittee on Antitrust, Commercial, and Administrative Law, Nadler added that the Congress has intervened multiple times during history in order to address the freedom and efficiency of press.

Nadler said that the issue of financing of the media firms was also influenced by the power of the "small number of gatekeepers [which regulate] the news people see," explicitly naming Facebook Inc. and Alphabet Inc.'s Google as the two platforms which dominate the digital marketing sector and wield "immense concentration of control." Congressman David Cicilline reminded during the opening remarks that said tech giants' revenue from digital marketing amounted to $60 billion last year and that they have accounted for more than 90% of the growth in the sector.

The bipartisan investigation into online marketplaces and their influence on local media will continue with hearings of experts on media, digital markets, and antitrust legislation, and may produce a draft bill which could redress some of the grievances on the duopoly of digital giants in the news business across the Internet.

Related Links: Alphabet Inc.Facebook Inc.
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Breaking the News / MA