Eric Holder Now Says He Also Is For Adjusting Antitrust Policy to Save Newspapers
Agreeing with a statement made by House Speaker Nancy Pelosi earlier this week, U.S. Attorney General Eric Holder now says that he’s open to adjusting antitrust laws to help newspapers survive.
From Reuters:
Some struggling newspapers in multiple-newspaper cities have limited antitrust immunity under the 1970 Newspaper Preservation Act, allowing them to combine business activities while maintaining separate news operations.
Pelosi, a Democrat whose California district is served by Hearst’s The San Francisco Chronicle, urged Holder to take a broad view of newspaper competitors under antitrust law and include “electronic and digital” outlets.
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