Skip to main content

Over the course of these diaries, both myself and other FOTHOM aficianados have tried to stress that the UK hacking scandal is just one indication of the corrupt and anti-competitive practices that characterise the modal monopoly of Newscorp.

Now another scandal is breaking which, like the looming shareholder rebellion, allegations of satellite card hacking in Italy and the Floorgraphics case prove once again that - like Watergate - the current scandal being investigated by no less than three large scale police operations in the UK,  is only the tip of the iceberg, and that RICO violations are the best way for the current DOJ investigation to go.

Now the Wall Street Journal has news of the resignation of one of its chief executives:

LONDON—Dow Jones & Co.'s top European executive resigned Tuesday following an internal investigation into two articles published in The Wall Street Journal Europe that featured a company with a contractual link to the paper's circulation department.

Andrew Langhoff, managing director of Dow Jones & Co. in Europe, Africa and the Middle East, and publisher of The Wall Street Journal Europe, stepped down after an internal probe showed two articles in the paper's Special Reports section had been prompted by an agreement the circulation department struck with Executive Learning Partnership, or ELP, a Netherlands-based consulting firm.

"That relationship, overseen by a now-former employee, is no longer in place," Mr. Langhoff said in an internal email to employees. "Because the agreement could leave the impression that news coverage can be influenced by commercial relationships, as publisher with executive oversight, I believe that my resignation is now the most honorable course," Mr. Langhoff said.

Dow Jones is a unit of News Corp., which owns all editions of The Wall Street Journal.
 

Of course, this didn't happen by accident, and once again it seems to be the result of crusading investigative journalism by the Guardian:

One of Rupert Murdoch's most senior European executives has resigned following Guardian inquiries about a circulation scam at News Corporation's flagship newspaper, the Wall Street Journal.

The Guardian found evidence that the Journal had been channelling money through European companies in order to secretly buy thousands of copies of its own paper at a knock-down rate, misleading readers and advertisers about the Journal's true circulation.

The bizarre scheme included a formal, written contract in which the Journal persuaded one company to co-operate by agreeing to publish articles that promoted its activities, a move which led some staff to accuse the paper's management of violating journalistic ethics and jeopardising its treasured reputation for editorial quality.

Internal emails and documents suggest the scam was promoted by Andrew Langhoff, the European managing director of the Journal's parent company, Dow Jones and Co, which was bought by Rupert Murdoch's News Corporation in July 2007. Langhoff resigned on Tuesday.

RICO: A Pattern of Criminal and Anti Competitive Behaviour



As I pointed out in a previous diary, the anti-competitive and completely unjournalistic standards of Newscorp now constitute a modal monopoly in much of the English speaking world:

Now we know that financially, Newscorp has paid much more than $200 million in the past to settle lawsuits, and indeed has paid out three times as much as that to settle various lawsuits against its profitable marketing division, News America. Apart from the hacking allegations and the FCPA violations (suborning foreign officials) there is now ample evidence, in the US and elsewhere (cf Italyand Australia) that Newscorp has a standard modus operandi when dealing with the 'free market'.

1. Establish leverage over politicians to change anti monopoly legislation
2. Dumping -  artificially lowered prices to destroy competitors (cf News America, London Times)
3. Industrial espionage against competitors using a variety of means including phone hacking (Floorgraphics, Daily Mirror etc.)

For those following this story in Newscorp's home country, the US, there is now ample evidence of a sustained pattern of behavior liable to a RICO violation.

So now we have two more elements to add to the Newscorp strategy for media dominance

4. Churnalism: information paid for by sponsors, contributors or PR agencies.

5. Massaging Circulation Figures to deceive advertisers.

As I've said before, Newscorp is the Standard Oil of the Information Age, and exposing its abuse of power is a key part in breaking up this uncompetitive trust.

As American activists continue to occupy Wall Street, don't forget The Wall Street Journal, both as a mouthpiece for deregulated markets and unaccountable globalised finance, and as a living demonstration of how it works.

#OWSJ!!

Cross posted at my own blog.

Originally posted to Brit on Wed Oct 12, 2011 at 10:12 AM PDT.

Also republished by Moose On The Loose.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Meteor Blades, Bob Johnson, Thor Heyerdahl, Kitty, Lupin, paradox, Angie in WA State, Sylv, Alma, Marek, coral, Ducktape, northsylvania, Bill in Portland Maine, fcvaguy, Mogolori, Chi, MadRuth, murphy, teacherken, Marie, glitterscale, MarkC, Nina Katarina, Gooserock, madmsf, am, emal, greenbird, karlpk, tommurphy, Shockwave, wu ming, Heather in SFBay, billlaurelMD, cotterperson, hyperstation, OLinda, Troutfishing, eeff, xynz, Woody, SallyCat, Creosote, dweb8231, madhaus, jackspace, concernedamerican, redwagon, Justina, bronte17, missLotus, Babsnc, fugwb, wonkydonkey, magnetics, mint julep, whenwego, ask, highacidity, KMc, Bionic, gayntom, mrblifil, chimpy, ivote2004, ceebs, itskevin, poe, jalbert, fumie, ctsteve, splashy, Cedwyn, Chrisfs, dksbook, Redfire, NMRed, dejavu, Eric Blair, MA Liberal, Lawrence, roseeriter, Viola Lee, Chirons apprentice, Sychotic1, defluxion10, Catte Nappe, kalmoth, lcrp, alizard, 313to212, Chun Yang, dkmich, walkshills, ybruti, tomjones, Marianne Benz, ScienceMom, solesse413, Josiah Bartlett, bibble, pontechango, sawgrass727, Gowrie Gal, Julie Gulden, nailbender, leolabeth, la motocycliste, ExStr8, maybeeso in michigan, Bluesee, 3goldens, SisTwo, Tinfoil Hat, Alexander G Rubio, Ckntfld, Unit Zero, UncleCharlie, CTPatriot, stlawrence, sc kitty, PBen, sap, KnotIookin, ZappoDave, basquebob, nytcek, Hkpa, myeye, J Rae, orson, Laurence Lewis, Lepanto, reflectionsv37, ratzo, eru, owlbear1, Annalize5, cfk, majcmb1, Pam from Calif, Sun Tzu, jimstaro, where4art, Fury, Overseas, markdd, RichterScale, Carnivorous Plantling, Sandino, Southside, PinHole, deep, Ginny in CO, Floja Roja, sodalis, Joes Steven, bookwoman, peacestpete, Paddy999, Snud, xaxnar, Jim R, Jim P, reddbierd, RJDixon74135, dedwords, Mother Mags, martini, third Party please, poco, redcedar, Sanuk, BachFan, Orinoco, tarheelblue, Keone Michaels, myboo, cybersaur, MeMeMeMeMe, Russgirl, cookseytalbott, victoria2dc, Hear Our Voices, kestrel9000, KenBee, arlene, slampros, TalkieToaster, erratic, gpoutney, nonnie9999, Rosaura, gatorcog, Libby Shaw, SadieSue, real world chick, JVolvo, Preston S, doinaheckuvanutjob, middleagedhousewife, justiceputnam, onionjim, doingbusinessas, Dianna, MadMs, shaharazade, Statusquomustgo, kurious, Bernie68, blueintheface, AllanTBG, Little, Quicklund, OHdog, liberaldemdave, DBunn, Thinking Fella, tegrat, pgm 01, timewarp, bluicebank, Cronesense, merrylib, byDesign, drmah, mamabigdog, ColoTim, edsbrooklyn, FishOutofWater, Mary Mike, la urracca, jeanette0605, HeartlandLiberal, gustynpip, operculum, terabytes, dclawyer06, DWG, ballerina X, joedemocrat, Unbozo, bnasley, Kentucky Kid, GMFORD, jedennis, Moderation, jhop7, gchaucer2, hopi13, Librarianmom, Sarea, leonard145b, M Sullivan, spearfish, cacamp, Assaf, the1sage, shmuelman, on the cusp, TomP, Empower Ink, VA Breeze, MKinTN, bkamr, also mom of 5, Mr SeeMore, angry hopeful liberal, NotGeorgeWill, TheFatLadySings, scooter in brooklyn, OleHippieChick, Sixty Something, Youffraita, Involuntary Exile, dadadata, filby, CDH in Brooklyn, ajr111240, lineatus, Akonitum, Its any one guess, VL Baker, monkeybrainpolitics, Calamity Jean, Lujane, Ocelopotamus, RandomNonviolence, hwmnbn, pickandshovel, bluesheep, catly, Seamus D, ashowboat, Horsefeathers, glendaw271, petulans, elpacifico66, Notreadytobenice, luckylizard, venger, Parthenia, BYw, allie123, sagansong, CupofTea, dmhlt 66, watercarrier4diogenes, tuckerm, etlingjm, mos1133, clent, maggiejean, Bule Betawi, multilee, pileta, Rhysling, J M F, emboyo, greengemini, divineorder, juca, be the change you seek, LeftOfYou, Nebraskablue, BlueInRedCincy, dfe, DefendOurConstitution, dRefractor, petral, kravitz, UnaSpenser, MKSinSA, MySobriquet, Mindmover, jomi, Shelley99, Keith Pickering, Kysen, stevenwag, Knarfc, Tortmaster, mahakali overdrive, astral66, Randtntx, deviant24x, Larsstephens, Railfan, coppercelt, Renie57, confitesprit, CajunBoyLgb, David PA, TDreamer, NJpeach, Tea and Strumpets, politik, secret38b, Aramis Wyler, Crabby Abbey, ColoradAnne, alguien, Garfnobl, duufus, womankind, ItsSimpleSimon, DiegoUK, sharonsz, Muggsy, Unenergy, ericlewis0, Floande, science nerd, Oh Mary Oh, Dems in 08, Actbriniel, slice, Onomastic, Maximilien Robespierre, kerflooey, Hill Jill, WineRev, spooks51, jm214, myadestes, ontheleftcoast, BlackQueen40, kevin k, trumpeter, Haf2Read, marleycat, Cinnamon Rollover, badscience, thomask, BarackStarObama, rk2, evilgalblues, tardis10, docterry, OneL, CherryTheTart, peregrine kate, yaque, Wood Dragon, Caddis Fly, diffrntdrummr, beforedawn, Vatexia, blue aardvark, SteelerGrrl, KingofSpades, stlsophos, googie, CoyoteMarti, Rashaverak, DEMonrat ankle biter, PrometheusUnbound, drawingporno, No one gets out alive, AnnetteK, Sister Inspired Revolver of Freedom, jacey, hulibow, yawnimawke, Prairie D, RhodaA, OldDragon, anodnhajo, IndieGuy, ahumbleopinion, S F Hippie, Joieau, a2nite, 420 forever, Trotskyrepublican, FreeSpeaker, CA ridebalanced, shanesnana, Reformed and trying to be reasonable, Forward is D not R, Halandri, jan4insight, hardart, Arahahex, Dont Call It, MartyM, ClutchCargo, cuphalffull, m50bing0, ricklewsive, HiddenHistories, Julie Waters, tytalus, Kinak, bigrivergal, George3, Marjmar, Blue Dream, Prospect Park, Wes Lee, blueoldlady, Blue Bell Bookworm, DamselleFly, lmcclatchie, rbrockelmann, Dancun74, FoodChillinMFr, DampSquid, Herodotus Prime, hashby

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site