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Business & Finance

Reuters exclusively reports Facebook and Google could lose bargaining power under upcoming U.S. bill

Reuters exclusively reported that bipartisan members of the U.S. Congress plan to introduce a bill to make it easier for smaller news organizations to negotiate with Big Tech platforms. Rep. Ken Buck, the top Republican on the House Judiciary Committee’s antitrust panel, told Reuters the first in a series of antitrust bills will allow smaller news organizations to negotiate collectively with Facebook and Alphabet’s Google.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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