COM 100 Lecture 11: Notes 11/1-11/3
Document Summary
Federal government decided to break nbc in half. Radio was never the same after television. Government issued the federal radio act of 1927. Technologies were a private enterprize, but the spectrum was government for a license nationalized. Would administer the communal value of broadcasting, as it was finite. Administers are more influential than having a seat on the stock market. Government cannot regulate it under the fcc. Tax money built tennesee valley association and hoover dam. Areas not profitable enough, government stepped in. Laws passed by big government to prohibit chains. The same cannot happen with bigger states. Railroads - in early america, lay them through, then the settlers will come. Rockefeller allowed to control it by govt, then they broke it up when they. Price fix - powerful things are broken up when they can do this became so powerful that they could set a price without competition. Govt. attempted to break up microsoft with an antitrust suit.
