Concentrated Media is Something We Can't Ignore: A Response to Speaker Pelosi
13 Pages Posted: 29 Mar 2009 Last revised: 8 Jun 2009
Date Written: March 30, 2009
This essay briefly responds to a request that the U.S. Department of Justice should give San Francisco Bay Area newspapers more leeway under the federal antitrust laws to merge or consolidate their business operations. The essay agrees with House Speaker Nancy Pelosi's concerns that a strong, free, and independent press is vital to our democracy and in informing our citizens, especially news organizations that devote resources to gathering news. As the essay explains, the antidote is not to weaken the antitrust laws to enable large media conglomerates to become even bigger. Instead, the health of the marketplace of ideas depends on the antitrust laws to preserve divergent and competing voices.
Keywords: Antitrust, FCC, Newspapers, Newspaper Preservation Act, First Amendment, Media, Clayton Act
JEL Classification: K21, L40, L41, L82
Suggested Citation: Suggested Citation