(MSN) – Proposed legislation to force Big Tech to pay publishers for aggregating news content online is headed for the Senate after the Judiciary Committee approved a revised amendment addressing censorship concerns Thursday.
The Journalism Competition and Preservation Act would temporarily exempt newspapers, broadcasters and other publishers from antitrust laws to collectively negotiate an annual fee from Google and Meta/Facebook, which dominate the nearly $250 billion U.S. digital advertising market.
Proponents say it will boost struggling news organizations and level the playing field with Big Tech, while critics question whether local journalism or large media companies will be the true beneficiaries of the bill.