The Journalism Competition and Preservation Act seeks to level the playing field by allowing local newspapers, broadcasters and other online publishers to negotiate collectively for an annual content fee from Google and Meta/Facebook, which dominate the digital advertising market. The full text of the Senate bill, released Monday, cites a power imbalance that has benefited Big Tech at the expense of the shrinking newspaper industry.
Source: Big Tech could be forced to pay for online news under legislation aimed at helping local publishers