Not surprisingly, the Journalism Competition and Preservation Act of 2019 (JPCA) would actually provide the opposite of competition by allowing huge social media companies to form a monopolistic cartel and crowd out the smaller, more independent news sources.
Former Ohio official Ken Blackwell called the legislation “a bait-and-switch attempt that claims to help conservative news sources but would instead purge them from the marketplace of ideas.”
“If passed, there would be nothing to stop the formation of a cartel that includes CNN, NBC, MSNBC, the New York Times, the Washington Post, and other big companies, while excluding smaller competitors in the independent media — not to mention local newspapers. Such a cartel would secure favorable rates for the former while leaving the latter in the dust,” Breitbart’s Allum Bokhari said.
In addition to being exempt from anti-trust laws, it would also give social media giants the ability to operate together to set rates that media companies must be paid for content.
Blackwell encouraged Congress to “reject” the bill “for the freedom-killer it is.”
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