House Opens Tech Antitrust Inquiry With Look at Threat to News Media
David Pitofsky, the general counsel for News Corp, left, and Kevin Riley, editor of The Atlanta Journal-Constitution, were among the news media executives who testified at the hearing.
By Cecilia Kang
June 11, 2019
WASHINGTON — A congressional investigation into the power of big tech companies began on Tuesday with bipartisan concern from lawmakers that the government’s lax oversight of the industry may be doing more harm than good.
In its first hearing about the power held by Google, Facebook, Amazon and Apple, lawmakers focused on the decline of the news industry. They said they were troubled that the online digital advertising market, which is dominated by Google and Facebook, had siphoned off too much revenue from news organizations.