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“The problems plaguing journalism today are caused in part by a fundamental lack of competition in the Google-controlled search and ad technology markets,” Microsoft President Brad Smith said in his written testimony. before the House Antitrust Subcommittee.
“It’s not about declaring whether Google has acted illegally,” Smith continued. “But as we learned firsthand from Microsoft’s own experience two decades ago, when a company’s success creates side effects that negatively impact a market and our society, the problem shouldn’t be. not be ignored. And that usually requires government action. “
The concerns that gave rise to Australian law are now being echoed around the world, including in the halls of Congress.
Microsoft on Friday approved a bill led by Representative David Cicillin that would give news publishers an antitrust waiver so they can collectively negotiate revenue against tech giants.
Microsoft itself would likely be under the law, Smith noted, but he said the tech industry has an obligation to do more to support quality journalism.
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