NEWS

Media companies bill could create a liberal monopoly on news, crushing conservative outlets

Updated: March 26, 2021 at 1:57 pm EST  See Comments

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March 26, 2021 (AmericanThinker) — The Journalism Competition and Preservation Act (JPCA) is a bait-and-switch attempt that claims to help conservative news sources but would instead purge them from the marketplace of ideas.  Congress should reject it for the freedom-killer it is.

JCPA would give media companies — broadcast and print — an exemption from federal antitrust laws, so they can operate in a coordinated fashion to negotiate prices that social media companies like Facebook would have to pay them to carry their content.  It would ensure that these tech billionaires would have to direct some of their riches into content providers.

But that’s a Big Boys’ game, where the major players could decide whom to let into their club.  Smaller outlets would be left out in the cold, and the market would suffer.

This is because almost all of the Big Boys are liberal.  For print, there are the New York Times and the Washington Post.  For video content providers, you have the networks, CNN, and MSNBC.  The twin star performers owned by News Corp — Fox News Channel and the Wall Street

The remainder of this article is available in its entirety at LifeSite News

The views expressed in this news alert by the author do not directly represent that of The Official Street Preachers or its editors

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