ARKY 327 Lecture 1: Lecture 1
Document Summary
Communications 401 : special topics in communications studies. Maintaining expected parameters of performance internally within a defined system. Controls established in response to externally imposed criteria. Laws, codes of practive, social license, commercial imperatives. Key economic, operational and commercial characteristics are (in principle) subject to government oversight. Regulations are only a method for applying or enforcing laws. Most regulation is requested by the industries being regulated. Regulation has a higher correlation with increased profitability. Fewer explicit regulations correlate with increased compliance costs. Regulated industries are more prone to act in the public interest. Companies will act in their own interests whether regulated or not. Communication regulation- two frameworks: regulation of content: Cultural industries, censorship, privacy and surveillance: regulation of industry: Ownership, market structure and competition, use of public assets (declaration of public assets), preservation of the public interest (how you uphold the public interest) Communication is the nervous system of our economy .