Wiki was already checkd.
2007-10-29 04:15:57 · 4 answers · asked by Anonymous in Politics & Government ➔ Politics
It basically lifted the restrictions on communication companies from owning multiple companies (radio stations, TV stations, newspapers, etc) within a geographic area. Prior to this act communication companies were limited on the number of media companies they could own within any one area. The idea was that it create stronger financial companies that were owned by local people which had interest in that geographic area. In reality it hurt the private and local owners since the large communication companies came into areas and bought everything up, thus limiting competition, taking ownership out of local markets, and creating telecommunication monopolies.
2007-10-29 04:25:18 · answer #1 · answered by ndmagicman 7 · 0⤊ 1⤋
It gave Media and Telecom companies more power to merge.
2007-10-29 11:19:52 · answer #2 · answered by Brandon ツ 3 · 0⤊ 0⤋
How about reading the act? I think it gave more freedoms to telecom companies to merge and undid some govt regulation.
2007-10-29 11:18:56 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Try typing in telecommunications act of 1996 in google!
Are you new to the internet?
or just click on the link below!
2007-10-29 11:28:07 · answer #4 · answered by Anonymous · 0⤊ 2⤋