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In late June, Congressman David Cicilline, who chairs the Antitrust Subcommittee in the U.S. House of Representatives said, “Today, we have sent a clear message. The United States will no longer let other countries lead the fight against unregulated monopoly power.”
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These market failures are having an impact on journalism, where the platforms divert about 80 per cent of advertising revenue from Canadian publishers. A U.S. Senate Committee on Commerce, Science and Transportation report found, “Although local journalism has faced numerous challenges adapting to the new media landscape, they are also confronting unfair practices by some of the largest technology companies in the world.”
Opinion: Why Canada must fight Big Tech s unregulated monopoly power
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Opinion: Why Canada must fight Big Tech s unregulated monopoly power
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Canadians support making Google and Facebook pay for news content
Poll
Would you support the Conservative Party of Canada’s carbon tax plan of consumer pricing with ‘green’ savings account?
Yes
Eighty-two per cent of Canadians believe it’s time for the federal government to take action and force social media giants Google and Facebook to pay Canadian news publishers for their content, and ensure fair negotiations so that publishers get their share of online advertising revenue. As well, according to the poll, 70 per cent of Canadians now believe Google and Facebook have become too powerful.
The findings come from a new poll conducted by Leger Opinion for News Media Canada.