Media ownership reform - Research Paper Example

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Media ownership reform

During early 1940s, different larger media companies began to gain much power and influence than others driving the fear of monopoly in the industry. The federal government instituted a series of reforms in the industry to curb the trend and ensure that the field remained competitive and diverse as much as possible. The reforms worked to check the growing trend of monopoly that was evident in the industry. To check this, the government created rules to ensure that there was competition in the industry as well as ensure the control of monopoly. Many regulations were proposed and later on passed into laws to check the ownership of media houses. Most of the regulations instituted aimed to ensure that no media house had greater control of a certain market by ensuring that they had access to a certain percentage of the market. Further, the rules provided that the media houses owned and controlled a predefined number of communication and broadcast stations2. All these regulations were on the constitutional basis of ensuring that the American citizen had the desired kind of access to information as much as possible. ...Show more

Summary

Media Ownership Reform Name Tutor Institution Course Date Section I: What Legal Authority does FCC have to Regulate Media Ownership? The Federal Communications Commission (FCC) was created back in 1934 in the Communications Act of the same year. This commission was created to run as an independent agency of the government with the responsibility of regulating foreign commerce and interstate communications through radio, wire, satellite and cable…
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