National View: With ad market cornered, Big Tech now practicing … – Duluth News Tribune
Big Tech has siphoned off advertising and wants to be a global censor.
The Department of Justice has filed suit against Google for its predatory advertising practices. Bully!
Not that I think Google is inherently evil, venal, or greedier than any other corporation. Indeed, it is a source of much good through its awesome search engine.
But when it comes to advertising, Google and others with high-tech platforms have done inestimable damage. They have Hoovered up most of the available advertising dollars, bankrupting much of the world’s traditional media and, thereby, limiting the coverage of the news — especially local news.
They have ripped the heart out of the economics of journalism.
Like other internet companies, they treasure their intellectual property while sucking up the journalistic property of the impoverished providers without a thought of paying.
While I doubt the DOJ suit will do much to redress the advertising imbalance (Axios argues the part of Google that the DOJ…
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