{"id":98696,"date":"2020-10-27T18:03:12","date_gmt":"2020-10-27T15:03:12","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ftc-needs-more-power-to-take-on-big-techs-dominance\/"},"modified":"2020-10-27T18:03:12","modified_gmt":"2020-10-27T15:03:12","slug":"ftc-needs-more-power-to-take-on-big-techs-dominance","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ftc-needs-more-power-to-take-on-big-techs-dominance\/","title":{"rendered":"#FTC needs more power to take on Big Tech’s dominance"},"content":{"rendered":"

“#FTC needs more power to take on Big Tech’s dominance<\/strong>”
\n<\/p>\n

\n The Federal Trade Commission needs more weapons in its battle to defend news<\/a> organizations against Big Tech.<\/p>\n

That\u2019s the message from US Sen. Maria Cantell (D-Wash.), who said new powers are the only thing that will help the FTC protect the struggling local news industry from being crushed by Silicon Valley juggernauts.<\/p>\n

Cantwell, the top Democrat on the Senate Commerce Committee, wrote in a Tuesday report<\/a> that \u201clocal news has been hijacked by a few large news aggregation platforms,\u201d and that they are all but hopeless of competing against companies like Google and Facebook<\/a> that are also \u201cthe dominant players in online advertising.\u201d<\/p>\n

The tech giants, Cantwell\u2019s report adds, use their market dominance to \u201cforce local news to accept little to nothing for their intellectual property.\u201d<\/p>\n

Google does this by collecting headlines and story snippets from all over the web to feed its news platform and search results, while Facebook \u201creceives billions in profits from the news content created by others,\u201d the report said.<\/p>\n

\u201cThe need for new authorities for the FTC to address these practices is evident,\u201d Cantwell wrote. \u201cThe information and oversight that local news provides has been the foundation of our past and the guideway to our future, and new authority at the FTC to protect local news is a necessity.\u201d<\/p>\n

Cantwell\u2019s report comes a day before the CEOs of Facebook, Twitter and Google are set to app<\/a>ear before a Senate Commerce Committee hearing to answer questions on their impact on local journalism.<\/p>\n

Local news outlets, in addition to seeing a decline in print revenue, have had advertising revenue plummet during the pandemic. The report said US newspapers would most likely cut at least 7,000 employees in 2020, leaving only about 30,000 newsroom jobs.<\/p>\n

With Post wires\u00a0<\/em>\n <\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#FTC needs more power to take on Big Tech’s dominance” The Federal Trade Commission needs more weapons in its battle to defend news organizations against Big Tech. That\u2019s the message from US Sen. Maria Cantell (D-Wash.), who said new powers are the only thing that will help the FTC protect the struggling local news industry…<\/p>\n","protected":false},"author":1,"featured_media":98697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/10\/FTC-Building.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[77293,70874,73854,4974,74382,26293,75198,75726],"class_list":["post-98696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-27-20","tag-anti-trust-law","tag-digital-publishing","tag-facebook","tag-federal-trade-commission","tag-google","tag-local-news","tag-senate-hearing"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/98696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=98696"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/98696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/98697"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=98696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=98696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=98696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}