The antitrust legislation is one of multiple bills that have been introduced at the federal and state level aimed to help ailing local news organizations.
"It is truly local news that reports on the issues that people face in their everyday lives," said Sen. Amy Klobuchar at the start of a hearing held by the Senate Subcommittee on Competition Policy, Antitrust, and Consumer Rights earlier this month.
would use tax credits to incentivize companies to advertise with, and people to subscribe to, local news outlets. It also includes a payroll tax deduction to support reporter salaries. Portions of the proposed act were included in the Build Back Better bill that passed the in the U.S. House of Representatives but stalled in the Senate.
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