Senate panel approves bill to give news organizations more power against tech platforms

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A 3D printed Facebook’s new rebrand emblem Meta is observed […]

A 3D printed Facebook’s new rebrand emblem Meta is observed in entrance of shown Google emblem in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photograph

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WASHINGTON, Sept 22 (Reuters) – The U.S. Senate Judiciary Committee voted Thursday to approve a invoice aimed at permitting news companies to band with each other to negotiate with Alphabet Inc’s (GOOGL.O) Google and Meta’s (META.O) Fb and acquire extra earnings.

The bill handed the committee by a vote of 15 to 7, according to a congressional aide. It must now go to the Senate for their acceptance. A related monthly bill is before the U.S. Residence of Reps.

The bill is aimed at providing information and broadcast corporations additional clout just after several years of criticism that significant tech businesses use their written content to catch the attention of targeted traffic and advert revenue devoid of rather compensating the publishers, lots of of which struggle economically.

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The bill, led by Democrat Amy Klobuchar, captivated some Republican aid, with Senators John Kennedy and Lindsey Graham sponsoring it. Other Democrats, like Senator Alex Padilla, expressed reservations about it.

The bill strike a pace bump before this month when Senator Ted Cruz won backing for a system to involve provisions to tackle what he considers the platforms stifling conservative voices.

On Thursday Klobuchar received assist for an modification that specified that selling prices for use of content was the concern.

“The purpose of the monthly bill is to allow for neighborhood information corporations to get payment when main titans, monopolies like Facebook and Google, access their material,” she mentioned at a committee session to vote on the invoice.

As opposed to other charges aimed at reining in huge tech, some progressive groups oppose this measure, which include Community Understanding, on the grounds that it favors big broadcasters like News Corp, Sinclair and Comcast/NBCU.

Also opposing the bill are two know-how market trade groups that Facebook and Google belong to: the Pc & Communications Business Association and NetChoice.

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Reporting by Diane Bartz modifying by Jonathan Oatis

Our Specifications: The Thomson Reuters Trust Ideas.

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