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Antitrust and Trade Regulation

Northwestern Pritzker School of Law

NULR Online

2010

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Why More Antitrust Immunity For The Media Is A Bad Idea, Maurice E. Stucke, Allen P. Grunes Nov 2010

Why More Antitrust Immunity For The Media Is A Bad Idea, Maurice E. Stucke, Allen P. Grunes

NULR Online

The U.S. newspaper industry specifically and traditional media industries generally are in transition. In response to declining audiences and advertising revenue, many traditional media firms have laid off journalists and cut back on news. With their financial difficulties, some traditional media firms have called for greater leniency under the federal antitrust laws. Newspaper owners and journalists have called for greater antitrust immunity for joint advertising, joint fees for readership and accessing content online, and joint reporting. Others have called on the Federal Communications Commission (“FCC”) to loosen further its Cross-Ownership Rules. Some politicians have suggested that the federal antitrust agencies …