By Agustino Fontevecchia, Project Syndicate | October 9, 2026
Big Tech’s oligopolistic dominance has prevented the news industry from developing a sustainable business model for the digital age—a crisis that AI is exacerbating. To preserve this important pillar of democracy, the Spanish-language publisher Editorial Perfil is suing OpenAI and Microsoft for copyright infringement.
BUENOS AIRES—In just a few short years, AI tools like ChatGPT and Claude have become a mainstream technology. The companies behind these innovative products tout their immense potential benefit for humanity. But this narrative, while not necessarily wrong, brushes aside that these models are built on the wholesale theft of copyrighted work and threaten to weaken further an already-fragile pillar of democracy: journalism.
That is why Editorial Perfil, a major Latin American publisher headquartered in Argentina (and the owner of Perfil, the newspaper where I am Digital Director), recently sued ChatGPT’s owner, OpenAI, and the company’s largest external shareholder, Microsoft, for the improper use of Editorial Perfil’s journalistic content in their AI products. In the damages suit brought before Argentina’s Federal Civil and Commercial Court, we also accused these companies of “unfair competition”—in other words, abusing their oligopolistic position to our detriment.
While Editorial Perfil is the first Spanish-language publisher to file a copyright-infringement suit against an AI firm, it follows in the footsteps of The New York Times, which sued OpenAI and Microsoft over the same issue in late 2023. The Brazilian newspaper Folha de São Paulo brought a similar case in 2025, ultimately resulting in a content-licensing agreement earlier this year (an approach that OpenAI has taken with other publishers, including PRISA, the Spanish conglomerate behind El País).
We have been here before: dominant search and social-media platforms also benefited from copyrighted news content without always sharing in the spoils. Search engines—like Google’s “free” model—made news articles immensely more accessible by featuring them on their results pages. But despite relying heavily on this copyrighted content to boost ad revenue, Google was not required to provide adequate compensation to the media companies that might employ hundreds of journalists to produce it. True, these distribution systems drove traffic to publishers’ websites, but the playing field was never level and increasingly tilted toward tech firms as they consolidated their power.
In the AI age, OpenAI and Anthropic (which owns Claude), as well as the entrenched tech giants like Google and Meta (which owns Instagram and Facebook), have supercharged this dynamic. The chatbots and other AI enterprise products they have built on the back of increasingly sophisticated large language models answer internet users’ questions directly, depriving news outlets of traffic and the chance to serve ads or sell subscriptions to potential readers.
These models required huge amounts of training data, much of which was copyrighted material illegally scraped from the internet. Anthropic recently settled a class-action lawsuit in California by agreeing to pay $1.5 billion to book authors who argued that the company had downloaded pirated copies of their works to train Claude. And the models constantly thirst for more, particularly up-to-date information on current events.
At Editorial Perfil, we have identified multiple instances in which ChatGPT can replicate content from our historical archive in detail. It does the same with real-time news and will even prompt users to request a daily news recap so that they can avoid wasting time visiting multiple sites. It easily bypasses paywalls; for articles that it cannot find within Editorial Perfil’s own sites, it will use copycat websites that illegally reprinted them. Historical server data show that multiple bots are consistently crawling our content—not just from OpenAI, but from all the AI firms as well.
These flagrant abuses are self-evident to anyone with common sense. AI firms are not only stealing content, but also encouraging users to stay within their closed ecosystems, turning the internet into an oligopolistic market. Yet they still try to argue that they are engaging in “fair use” of “publicly available” content. Unfortunately for OpenAI, it has already acknowledged the value of journalism through its many licensing deals. By contrast, Anthropic has avoided content-licensing agreements with news organizations.
The news industry has been in crisis ever since the digital revolution upended its business model more than two decades ago. A new, more sustainable model never emerged. While those of us in media failed to anticipate how the rise of the internet would change everything, we tried to reinvent ourselves after the fact. But Big Tech’s oligopolistic dominance has prevented us from making any real progress, and AI is exacerbating the crisis.
A decimated news industry is a bad outcome for everyone. It would not only result in a less informed public; it would also harm the parasitical AI firms themselves, cutting off an important source of training data. If they cannot be bothered to act in the public’s interest, they should at least look out for their own.
Agustino Fontevecchia is Digital Director at Perfil in Argentina.
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🧭 Power & Capital · October 9, 2026
Where state power meets the boardroom.
🔷 Florida Seeks Court Order To Restrict Facebook And Instagram For Teens – Power & Capital Desk, TIPP Insights
🔷 New CBP Rule Could End Mail-Order Canadian Prescriptions For Americans – Power & Capital Desk, TIPP Insights
🌍 Global Affairs
The world's flashpoints, in motion.
🟥 By Netanyahu’s Own Math, Gaza Is 3,900 September 11ths – Larry C. Johnson, Ron Paul Institute for Peace and Prosperity
🟥 Britain Leads Western Media’s Demise Through ‘Fear Porn’ Narrative – Martin Jay, Ron Paul Institute for Peace and Prosperity
🏛️ National Affairs
The fights shaping America right now.
🟫 What Do South Americans Know That U.S. Voters Don’t? – Editorial Board, Issues & Insights
🟫 Alito Makes Announcement About His Future – Nicole Silverio, Daily Caller News Foundation
🟫 Army Report Finds Systematic Failures In Fatal 2025 Midair Collision – TIPP News
🟫 ICE Agent Shoots And Wounds Person During New York Operation – TIPP News
🟫 U.S. Deports Cuban Transgender Woman To Central African Republic – TIPP News
🟫 Trump And Elon Musk Reunite At National Medal Ceremony – TIPP News
🟫 Rep. Van Duyne Introduces Bill To Crack Down On H-1B Visa Fraud – Emily Medeiros, The Daily Signal
🟫 CAIR, Students For Justice In Palestine Under Investigation For Supporting Hamas After Oct. 7 – Tyler O’Neil, The Daily Signal
🟫 Bill To Strip DSA Of Party Rights Picks Up Steam In DC – Pedro Rodriguez, The Daily Signal
🟫 Muslim Mayor Mamdani Dedicates Millions To Transing Kids – Elizabeth Troutman Mitchell, The Daily Signal
🟫 Hasan Piker Says Talarico Must Answer To The Left If Elected – Emily Medeiros, The Daily Signal
🟫 Jackson vs. Bottoms: 3 Biggest Takeaways From The Peach State Debate – Rebecca Buis, The Daily Signal
🟫 There’s No Debate In Many Virginia Races This Year – Rich Tucker, The Daily Signal
🟫 Legislators Honor Victims Of The Largest Massacre Of Jews Since The Holocaust – Pedro Rodriguez, The Daily Signal
🟫 USS Abraham Lincoln Returns To San Diego After Record 265-Day Deployment – TIPP News
🟫 Sean ‘Diddy’ Combs’ Release Date Moved To March 8, 2028 – TIPP News
📈 Economy
Prices, policy, and the pressure on your wallet.
🟩 The Destructive Effects Of Outrageous Taxation – Gregory Bresiger, Mises Wire
🟩 The Injustice Of Capital Gains – Angelo Monaco, Mises Wire
🟩 Still The State’s Greatest Enemy – Llewellyn H. Rockwell Jr., Mises Wire
💼 Markets & Business
The deals and tickers making moves.
🟧 SpaceX Spectrum Deal Sends AT&T, Verizon And T-Mobile Shares Lower – TIPP News
🟧 Amazon Launches First Android Tablets With Alexa Integration – TIPP News
🔬 Science & Tech
What's being discovered, built, and launched.
🟪 World’s Largest Penguin Colony Shrinks 63% In 14 Years – TIPP News
🟪 Mars’ Giant Arsia Mons Cloud Is Stranger Than Scientists Thought – TIPP News
📊 Market Mood · October 9, 2026
How the trading day is setting up.
🟩 Stocks are poised to rebound after Thursday's technology selloff. U.S. futures are higher as oil prices retreat and investors reassess concerns about AI spending and valuations.
🟧 Oil is easing as immediate Iran risks recede. Brent has slipped toward $103 a barrel after President Trump said the U.S. would not attack Iran before the November midterm elections, although supply disruptions remain a concern.
🟦 Bond markets are finding some stability. Strong demand at Thursday's 30-year Treasury auction provided relief, but elevated yields and heavy borrowing continue to challenge stocks and government finances.
🟨 AI financing is facing greater scrutiny. Plans by SpaceX, Broadcom and Oracle to raise billions for AI infrastructure are intensifying questions about debt, valuations and future returns.
🗓️ Key Economic Events
On today's U.S. data calendar.
🟧 10:00 a.m. ET — University of Michigan Consumer Sentiment, Preliminary (October)
Forecast: 47.6 | Previous: 48.1
Consumer sentiment is expected to weaken further as high energy prices, inflation and borrowing costs weigh on household confidence.
🟧 10:00 a.m. ET — University of Michigan Inflation Expectations (October) Previous: 4.6% (1-year) | 3.4% (5-year)
Inflation expectations will be closely watched for signs that higher energy prices are becoming embedded in consumers' outlook. Reliable consensus forecasts were not confirmed.
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