[–] totes_magotes ago
The term you're looking for here is called "regulatory capture." That is to say that the government does exactly what the companies bid via having someone friendly to these businesses in leadership positions. AT&T was broken up because of the exact reason that they were a behemoth. Or as they say today: too big to fail. This happened via business mergers and purchases. That ban was in place for a fucking good reason.
Remember this? It will become a nearly permanent issue. And if you think we have problems now with people and groups being deplatformed? Wait until it's a single company.
[–] derram ago
https://archive.fo/uu0WF :
' It also voted to make it easier for media companies to buy additional local TV stations in the same market. '
'The FCC asks if those rules continue “to serve the public interest and remains necessary.”The FCC will also consider if existing rules that limit the number of local radio stations in a single market should be rescinded. '
'The FCC said it could reverse the rule that bars a merger among the “Big Four” networks: NBC, owned by Comcast Corp (CMCSA.O), Walt Disney Co’s (DIS.N) ABC, CBS Corp’s (CBS.N) CBS or Fox, owned by Twenty-First Century Fox (FOXA.O). '
'WASHINGTON (Reuters) - The Federal Communications Commission on Wednesday voted to open a new review of U.S. media ownership rules and seek comments on whether the government should end a prohibition on mergers among the four largest broadcast networks. '
'The FCC asked if the rule “remains necessary to promote competition, localism, or viewpoint diversity.”FCC Chairman Ajit Pai said the commission is “teeing up a number of questions” and keeping an open mind on whether the rules still make sense. '
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