Media Monopolies

Through the Telecommunications Act of 1996 attempts were made to limit the amount of monopolies in media. However this opened the door for other large businesses to merge and gain even more control, therefor creating more concentration in the media. Are the "media monopolies" doing their job in surveying national and local issues and are they acting in the public interest.

Eli Noam and Robert N. Freeman believe that there is more competition in U.S. media and it is only moderately concentrated. They justify their claim through U.S. Department of Justice procedure for identifying concentrated markets. They show several graphs indicating the shares of companies and the moderate increase that has occurred in recent years. Noam and Freeman show graphs that show both an...