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Carolyn Kaster / AP

Newseum CEO Jeffrey Herbst said Tuesday that he doesn't have high hopes for the antitrust exemption newspapers want to negotiate a better deal with Facebook and Google."First of all, I don't think it's going to happen in the current environment," Herbst told me said at the Technology Policy Institute's annual conference. "And it was bad luck for the News Media Alliance that the Democrats then just came out a few weeks later with their platform — it featured, if anything, a skepticism of concentration in all its forms."Reminder: The Democrats' "Better Deal" package contains recommendations for strengthening antitrust laws, not weakening them as an exemption would do, albeit in an minor way.Why it matters: Questions are swirling about the power that the big tech platforms have over content publishers as legacy media outlets continue to struggle. It also feeds into the larger debate over whether the biggest tech firms are too powerful overall, especially when it comes to online advertising.

Go deeper

Updated 6 mins ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President-elect Joe Biden and Vice President-elect Kamala Harris have arrived at the Capitol. Members of congressional leadership and VIPs will soon be introduced. Watch a livestream here.

What's next: Biden and Harris will take their oaths of office. Shortly after, President Biden will deliver his inaugural address. What to expect.

In photos: The Biden and Harris inauguration

Doug Emhoff, Vice President-elect Kamala Harris, Jill Biden and President-elect Joe Biden arrive at the U.S. Capitol for the inauguration on Jan. 20. Photo: Joe Raedle/Getty Images

Joe Biden and Kamala Harris are being inaugurated as president and vice president respectively in a ceremony at the U.S. Capitol on Wednesday morning.

Why it matters: Top Democrats and Republicans gathered for the peaceful transfer of power at the Capitol only two weeks after an unprecedented siege on the building by Trump supporters. Trump did not attend the ceremony.

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Momentum builds for major antitrust reform

Illustration: Aïda Amer/Axios

President Trump's outgoing antitrust chief Makan Delrahim on Tuesday endorsed a proposal from House Democrats that would put new limits on acquisitions by large companies, during comments made at a Duke University event.

Why it matters: Momentum is building for major antitrust reform, updating rules that were written for railroads instead of routers.