Pelosi is “concerned” About Newspapers

Fercristsakes I really think that monopoly concerns should be thrown off the checklist of things to review when looking at newspaper mergers. The fact that Pelosi thinks that pressing the DoJ to be more lenient with regard to antitrust concerns about newspaper mergers is important indicates that she is way over her head when reviewing this issue.

“I am confident that the Antitrust Division, in assessing any concerns that any proposed mergers or other arrangements in the San Francisco area might reduce competition, will take into appropriate account, as relevant, not only the number of daily and weekly newspapers in the Bay Area, but also the other sources of news and advertising outlets available in the electronic and digital age, so that the conclusions reached reflect current market realities,” Pelosi wrote.

[From Pelosi goes to bat to keep Bay Area papers alive]