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Media Ownership Laws
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Telecommunications Act of 1996
This act significantly deregulated the broadcast and telecommunications markets, which led to a wave of media consolidation and concerns about the reduction in the number of voices in the media marketplace.
Duopoly
A duopoly in media ownership is where two companies dominate a particular media market, which can restrict viewpoints and diminish the robustness of democratic debate and information diversity.
Media Conglomerate
A media conglomerate is a company that owns large numbers of companies in various mass media enterprises, which can lead to increased market power and influence over public discourse.
Vertical Integration
Vertical integration is when a media company owns different businesses along the production and distribution chain, which could affect content neutrality and limit the diversity of accessible media products.
Cross-Ownership
Cross-ownership refers to the same company owning multiple media outlets in different mediums, which can consolidate control and reduce the diversity of perspectives in the media landscape.
Horizontal Integration
Horizontal integration occurs when a company owns multiple outlets in the same segment of the media industry, potentially creating monopolies or oligopolies that limit the variety of content and viewpoints.
Oligopoly
An oligopoly is a market structure in which a few firms dominate, and in media ownership, this leads to limited competition, potentially homogeneous content, and diminished media diversity.
Media Consolidation
Media consolidation is the process by which fewer companies own more media properties, which can lead to a concentration of power and a decrease in the plurality of information sources available to the public.
Net Neutrality
Net neutrality is the principle that internet service providers should enable access to all content regardless of the source, without favoring or blocking particular products or websites. Its erosion can lead to a type of media ownership where ISPs control what content is easily accessible.
Federal Communications Commission (FCC)
The FCC is a U.S. government agency that regulates interstate and international communications, whose policies and regulations impact media ownership structures and influence media plurality.
Public Interest
Public interest is a principle that should guide media regulation to ensure that media services cater to the social, cultural, and informational needs of the public, which is often challenged by concentrated media ownership.
Competition Law
Competition law, including antitrust regulations, exists to prevent monopolies and promote a competitive market. In media ownership, they guard against the centralization of control which can restrict pluralism.
Monopoly
In the context of media ownership, a monopoly is when a single firm dominates the market, leading to a lack of competition, reduced content diversity, and potential abuses of power in shaping public discourse.
Foreign Ownership Restrictions
Foreign ownership restrictions are laws that limit or prevent foreign entities from controlling domestic media companies, intended to preserve national security and cultural sovereignty, which also influences media plurality.
Diversity of Voices
The concept of 'diversity of voices' refers to the availability of a variety of media sources and viewpoints, which can be undermined by media ownership concentration that limits the spectrum of available opinions and information.
Media Cross-Promotion
Media cross-promotion is when a media company uses its various platforms to advertise its other services. While this can be efficient for the company, it can limit the exposure of competing voices and ideas, hindering media plurality.
Localism
Localism in media policy promotes diverse, local and community-based media outlets. Concentrated ownership can threaten this principle by reducing the number of locally focused media voices.
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