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antitrust

antitrust

  • Eyeing Ad Revenue and Antitrust Laws, Teachout Targets Tech Giants in Wake of Daily News Layoffs

    Zephyr Teachout

    Zephyr Teachout (photo: Gotham Gazette)


    Democratic Attorney General hopeful Zephyr Teachout is placing the blame for mass layoffs at the New York Daily News on tech giants Google and Facebook, and plans, if elected, to enforce antitrust laws to battle what she calls a “duopoly” of ad revenue that is crushing local news.

    Referring to big tech as a “parasite on journalism,” Teachout unveiled on Wednesday a broad, though somewhat vague, plan to use the antitrust laws available to state and federal prosecutors to break up Google and Facebook’s stranglehold on the news

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