Google's message: "business problems require business solutions rather than regulatory ones."
The FTC document outlines the crisis facing, in particular, print media, and expresses doubt that any new online business model will emerge that can support original journalism. It then goes on to outline a number of possible policy solutions, including:
- Reducing search engines' and aggregators' fair use rights to news content.
- Creating an antitrust exemption that would allow newspapers to form a paywall cartel, and to charge search engines and aggregators for access to their content.
Google, of course, has a powerful financial motive for opposing any new regulation of online news consumption. But if there is a serious case in favor of government-supported journalism, we haven't seen it yet.
By Nick Saint
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