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Kerry Davie's avatar

I would suggest that 'public trust' in the legacy media has gone for good ( in both meanings of the word)

Stephen Riddell's avatar

I like how you focused on the initial justification for regulation, monopoly possession of limited broadcast frequencies. That seems like the typical example of a Public Good, where John Stuart Mill would consider it a 'practical monopoly' that should be regulated or directly held by the state in the public interest.

The Platform's mockery of traditional radio BSA statements captures this as well, with their statement that offended listeners should call in directly and correct the record themselves. This clearly demonstrates the two-way nature of the communications, so it seems hard to justify internet radio as a 'practical monopoly' that requires state intervention.

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