c. Until the mid-1980s, the Federal Communication Commission in the United States enforced a rule known as
Question:
c. Until the mid-1980s, the Federal Communication Commission in the United States enforced a rule known as the “Fairness Doctrine.” This rule required news outlets, particularly on radio and TV, to present opposing viewpoints. It was argued at the time that some media markets only had one or two such news outlets, and thus the Fairness Doctrine was required to allow people to get alternative points of view so that they could then form informed opinions. Since the mid-1980s, the Fairness Doctrine is no longer applied, allowing news outlets to present news and opinions in any way they see fit. It was argued that increased competition has led to competing news outlets in virtually all markets, thus automatically allowing individuals to gather alternative viewpoints to form their own opinions. Now some are arguing for a reinstatement of the Fairness Doctrine but others view it as a violation of free speech and free competition of ideas in the product-differentiated marketplace. Can you argue both sides of this issue?
Step by Step Answer:
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba