Question

How has deregulation impacted the media business

Answer 1

Answer: Media deregulation limits government control over media companies. It has caused dramatic political and economic changes in the U.S. media industry since the 1980s, while also inspiring intense ideological debate. So deregulation did result in tough competition, more efficiency, lower costs, and lower prices to consumers. But in attaining these goals, thousands of companies were forced out of business, resulting in lower wages, and the creation of oligopolies through mergers and acquisitions. Hope this helps... Have a safe and great day...