Editorial: Freeloading tech giants should pay for the local news they use

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Editorial: Freeloading tech giants should pay for the local news they use
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From the Editorial Board: The pushback from Google and Facebook against these pro-local-news initiatives has been, above all, revealing.

Meta corporate headquarters is seen in Menlo Park, California, on Nov. 9, 2022.

The Journalism Competition and Preservation Act would create an antitrust exemption enabling news organizations to come together for the purpose of negotiating payments from companies distributing their content online. The relief would be temporary, sunsetting after a period of years, so that local journalism isn’t wiped out before it can develop a sustainable business model.Full disclosure: The Chicago Tribune and its corporate parent, MediaNews Group, stand to benefit from the legislation.

The pushback from Google and Facebook against these pro-local-news initiatives has been, above all, revealing. No reasonable person should doubt the power of those huge global companies to control the news and other information we see.

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