Ethical and Legal Effects of Telecom Deregulation Term Paper by Nicky

A brief legal and ethical discourse on the process and ramifications of media deregulation.
# 145385 | 1,070 words | 4 sources | APA | 2010 | US
Published on Nov 07, 2010 in Business (Industries) , Communication (Mass Media) , Law (Business) , Ethics (General)


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Description:

The paper discusses how the elimination of restrictions concerning monopolistic behaviors, and the expanding global horizon produced by the Internet, has allowed expansion in both the print and television media sectors. The paper looks at the history of corporate monopolies and at the government's response to unchecked corporate development. The paper reveals that the incapacity of government bodies to fairly mediate competition have already produced an environment where unfair pricing practices and hostile market takeovers gradually undermine the viability of small-scale organizations. The paper focuses on the DWI organization and asserts that despite pressure from larger firms to support this pattern of market growth, DWI opposes it and the negative patterns which it represents.

From the Paper:

"Today, in direct consequence of deregulation, the presence of an imbalance in market power concentration is frequently promontory of corruptive practices, which are encouraged by the willful absence of naturally occurring market controls. A reciprocal relationship exists between the achievement of industry-monopoly and the susceptibility to unethical business actions. The absence of competitive controls will tend to distort a market according to the whim of the organization in question, allowing it to levy geographical dominance which ultimately is stifling to natural opportunities for smaller entities such as ours to compete and, consequently, removes any opportunity for the consumer to express an active and determinant role in pricing, service and quality control. Thus, where the consumer is particularly concerned, all of these things suffer."

Sample of Sources Used:

  • Friedman, Tom. (2005). The World is Flat: A Brief History of the 21st Century. Farrar, Straus and Giroux.
  • George, Bill. (2003). Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value. Jossey-Bass Publishing.
  • Sikka, Prem. (2007). Toothless Watchdogs. Comment is Free. . . Online at <http://commentisfree.guardian.co.uk/prem_sikka_/2007/11/toothless_watchdogs.html>.
  • Skeel, David. (2005). Icarus in the Boardroom: The Fundamental Flaws in Corporate America and Where They Came From. Oxford University Press.

Cite this Term Paper:

APA Format

Ethical and Legal Effects of Telecom Deregulation (2010, November 07) Retrieved July 11, 2020, from https://www.academon.com/term-paper/ethical-and-legal-effects-of-telecom-deregulation-145385/

MLA Format

"Ethical and Legal Effects of Telecom Deregulation" 07 November 2010. Web. 11 July. 2020. <https://www.academon.com/term-paper/ethical-and-legal-effects-of-telecom-deregulation-145385/>

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