America’s Indefensible Media Concentration Double Standard
Apparently America does not have “equal justice under law” when it comes to media concentration limits.
Seldom can one find a starker commercial example of unequal legal, law enforcement, and regulatory treatment of very similar commercial activities than that between old media and Internet/new media companies concerning media concentration and antitrust enforcement.
Both legacy old media companies and Internet/new media companies are in the communications business, own and/or produce media of some type, and distribute media in different physical ways, consumption formats, and time/situation dimensions.
Please see this one-page graphic that illustrates how America’s media concentration double standard treats similar old and new media companies completely dissimilarly, and how it results in a predictable stark market share dichotomy.
Ultimately old media concentration has been limited by the traditional antitrust limits that apply to all industries and companies over the years.
That’s no longer true for Big-Internet companies like Google and Facebook.