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    Legal and Ethical Issues

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    Some DWI employees have opposed proposed changes in FCC regulations that will allow for more mergers overall in the print media and TV industry, permitting consolidation of up to 45% control in a geographic market prior to the FCC prohibiting further consolidation of media assets. The Editor of Consumer Reports magazine has recently wrote that "free TV and pay TV are completely intertwined. A handful of corporations own and control the vast majority of both." The public relations and lobbying team of the first tier media giants - GE, AOL/Time Warner, Viacom, Comcast, and Walt Disney Co. - have requested we support the FCC's recommended changes in Congress.

    Discuss the legal and ethical implications of the ongoing debate and take a position as to whether the changes should be allowed and would they benefit DWI.

    © BrainMass Inc. brainmass.com October 9, 2019, 11:24 pm ad1c9bdddf
    https://brainmass.com/business/business-ethics/legal-and-ethical-issues-255367

    Solution Preview

    The response address the queries posted in 588 words with references.
    //As per the directions, we will write about the legal and ethical implications of the recommended changes in the FCC regulations. We will discuss about the influence of the proposed changes, whether, the changes should be allowed and would they benefit the company DWI. It will assist in understanding the influence of FCC regulations on the company's operations. I have tried to include some major points. You are free to add some more points, which you find suitable.//

    Legal and Ethical Implications

    The Federal Communications Commission (FCC) has proposed changes in the regulatory policies and de-regulated the mergers between the print media and the TV industry. The print media and TV can consolidate up to 45%, which is beneficial from the perspective of the industries operating in the competitive market place. Diversified Worldwide Industries (DWI), Inc. is effectively operating in the different sectors of international business ...

    Solution Summary

    The response address the queries posted in 588 words with references.

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