US lawmakers suggest Australia-style invoice for media, tech negotiations

Rep. Ken Buck (R-Co.) and Microsoft president Brad Smith at a House hearing on regulation and competition in the news media industry on March 12, 2021.

Enlarge / Rep. Ken Buck (R-Co.) and Microsoft president Brad Smith at a Home listening to on regulation and competitors within the information media business on March 12, 2021. (credit score: Drew Angerer | Getty Pictures)

A gaggle of US lawmakers is proposing new laws that may permit media organizations to set phrases with social media platforms for sharing their content material, paying homage to a controversial measure lately adopted in Australia.

The Journalism Competitors and Preservation Act of 2021 principally creates a brief 48-month carve-out to present antitrust and competitors regulation that may permit small information shops to hitch forces to barter as a collective bloc with “on-line content material distributors” resembling Fb and Google for favorable phrases.

“A powerful, various, free press is crucial for any profitable democracy. Entry to reliable native journalism helps inform the general public, maintain highly effective folks accountable, and root out corruption,” mentioned Rep. David Cicilline (D-R.I.), when introducing the proposal. “This invoice will give hardworking native reporters and publishers the serving to hand they want proper now, to allow them to proceed to do their essential work.”

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