Should Trustbusters Go Easy On Newspapers?

Law360, New York (June 16, 2009, 12:00 AM EDT) -- The horse-drawn cart industry gave way to the automobile; the telegraph succumbed to the telephone. Whether it's the result of innovation or poor business judgment, entire sectors of the economy pass into the dustbin of history and nary a congressional hearing is held seeking ways to save it.

The potential demise of newspapers as a form of print journalism has led to calls for further relaxation of antitrust oversight of the industry.

Pointing to transformative industry changes in this industry over the past 40 years, however,...
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