The general counsel of News Corp., appeared earlier this week before a House subcommittee, slamming “the technology industry’s stranglehold on traditional media companies,” reports the New York Post.
The Post is owned by News Corp.
The story continues, “‘The marketplace for news is broken,’ David Pitofsky said in his testimony to the House Judiciary antitrust subcommittee, according to Bloomberg. ‘Dominant online platforms control the infrastructure, data and tools for news publishers to sell and serve online ads, while simultaneously competing against those publishers for the very same ad dollars,’ Pitofsky said. ‘This presents a significant conflict of interest.’
“House Judiciary Chairman Jerry Nadler said Facebook and Google have an enormous amount of control over the news consumption of Americans,” the story adds.