• The Wall Street Journal, Thursday, December 3, 2009 12:17 AM

The chairman of the Federal Trade Commission, Jon Liebowitz, said the agency will study whether government should aid struggling news organizations, which are suffering from a collapse in advertising revenues as the Internet grabs their subscribers.

The FTC will examine whether government should change the way the industry is regulated -- from making news-gathering companies exempt from antitrust laws to granting them special tax treatment to making changes to copyright laws. Sen. Benjamin Cardin (D., Md.) this spring proposed a bill that would allow newspapers to operate as tax-exempt institutions.

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