Big tech and publishers discussing payments
An antitrust panel at the US House of Representatives have called big tech companies and publishers for a discussion about the market dominance of big tech platforms. The panel will focus on Google and Facebook but has also called Microsoft President Brad Smith as a witness. The discussion will include the controversial issue on how big tech should pay publishers for using their content online.
Smith recently published a blog post where he sided with the publishers against Google and Facebook in the discussion about how big tech should pay publishers. Microsoft has also made a joint statement together with European newspaper and magazine publishers supporting legislation making the big tech companies pay.
Google and Facebook are dominating players on the global advertising markets and a huge part of Google´s revenues is from advertising in connection with search results. Basically, publishers want a part the big tech companies´ advertising revenues.
The house hearing includes David Chavern, head of the News Media Alliance which includes big US publishers and Emily Barr from the National Association of Broadcasters and Jonathan Schleuss, president of a union representing journalists.
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