Washington Monthly - Jeff Bezos’s Next Monopoly: The Press

 

Supported by a grant from the Open Markets Institute’s Center for Journalism and Liberty, journalist Dan Froomkin also concludes Bezos’ control of Arc XP digs an even deeper hole for a news industry already reeling from Google and Facebook’s monopolization of online advertising. Thanks to Arc’s ownership structure, a growing number of America’s struggling newspapers - both large and small - must now pay millions to one of the world’s richest men for basic services.

“Bezos’s outsized investment means that he could soon control the backbone of most of the large newspaper markets in America.

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