Bipartisan group of lawmakers release bill to make it easier for news outlets to negotiate with tech giants

A bipartisan group of U.S. lawmakers revealed a revised version of legislation designed to help media outlets negotiate collectively with Google, Facebook and other platforms.

According to a press release from the lawmakers, the bill, called the Journalism Competition and Preservation Act, would remove "legal obstacles to news organizations' ability to negotiate collectively and secure fair terms from gatekeeper platforms that regularly access news content without paying for its value."

The group of lawmakers includes Sens. Amy Klobuchar, D-Minn., and John Kennedy, R-La., of the Senate Judiciary Committee and Reps. David Cicilline,...