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Posts Tagged “

Deregulation

deregulation

How Much Did Deregulation Contribute To The Recession (Economic Slowdown, Whatever)

Deregulation refers to the point at which the U.S. government threw up its hands and said "all right banks, power companies, airlines, etc., do whatever you want!" and the deregulated industries had a big party. Eminent jurist and economic theorist Richard Posner says that might have been a mistake: "a tighter ceiling should be placed on the risks that banks are permitted to take."
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media

FCC Says Comcast Can't Buy More Cable Companies, But Murdoch Can Own Everything

Today, in an attempt to anger fans of both regulation and deregulation, the FCC approved two new rules. The first one restricts cable companies to owning no more than 30% of a market; the second one "gives owners of newspapers more leeway to buy radio and television stations in the largest cities." One nice thing about the first rule is that Comcast can't buy any more cable companies. One bad thing about the second one is that it will likely mean that Rupert Murdoch will win "permanent waivers to control two television stations in New York, as well as The New York Post and The Wall Street Journal." More »

if at first you don't succeed

FCC Chairman To Relax Media Ownership Rules

Media conglomerates are preparing to feast on a banquet of local media outlets thanks to a resurrected proposal from FCC Chairman Kevin Martin. The Chairman wants to relax decades-old rules that bar media companies from owning both a newspaper and TV or radio station in the same local market. A similar proposal was presciently struck down three years ago by the Third Circuit Court of Appeals.
"Currently, a company can own two television stations in the larger markets only if at least one is not among the four largest stations and if there are at least eight local stations. The rules also limit the number of radio stations that a company can own to no more than eight in each of the largest markets.
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cellphones

Freaky Thursday: Comcast & TWC To Sell Cellphones, Verizon To Sell Cable TV

The crumpet dropped from our gnashing maw when we spied these portents. More »

truckers

Trucker Bombs Demystified


It's early, so you might be reading this while drinking a morning glass of apple juice. We advise you to swallow that and put the glass far out of reach before you click the link. More »