Extract
Broadcasting (Update 1)
From its inception in the early days of commercial radio, federal regulation of the broadcast industry has rested on three policies that are not always compatible: (1) competition among broadcasters; (2) a fiduciary duty to serve the public interest; and (3) the promotion of local needs and interests. From the FAIRNESS DOCTRINE to the allocation of television licenses, broadcast regulation represented a conscious effort to maximize the public welfare by providing essential information and to encourage ...See the full content of this document
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