Business Philosophy

As a DWI employee , I do oppose proposed changes in FCC regulations that will allow for more mergers overall in the sucker media and TV industry which will permit consolidation of up to 45 control in a geographical marketThe wakeless aspects of this FCC change include the breach of the antitrust law which prohibits monopolies and cheating(prenominal) methods of contender such as hostile take-overs and acquisition through and through stock purchasing . The implications of allowing mergers in the print and media industry would be immense since it is a strategic industry where public divert may be threatened due to the dominance of a few businesses with the capacity to stiffle healthy competition (Kovacic Shapiro , 4 ) Allowing mergers between gigantic businesses will affect the competing cap baron of small companies and in the long run may wipe them out through acquisition of the giant companiesA nonher legal outcome that may bob up from the proposed changes in FCC regulations is conflict with the blue sky laws or securities laws and regulations compel by different states in the United States . Allowing mergers would be baffling in terms of stock and securities sales due to the magnetic variation in laws governing business activities including stock sales , adaptation , and transfers across statesThe ethical aspects of this FCC change include the possible intrusion of exerters rights from massive lay-offs or downsizing . Mergers between media giants would affect workers who commonly are not part of the decision-making process and are not consulted about buy-outs or stock sale decisions although they are ordinarily the ones affected by job redundancy decisions , reorganization , and work shifts when the merger pushes through .

It would also undermine the right of employees and workers to lug union representation as the merging of two companies would pretend conflict in the existence of two unionsAnother ethical issue that must be considered is the protection of consumer s rights to caliber and trustworthy products (Tyson Foods Inc ) Permitting mergers of up to 45 percent control in a geographic market will put consumers at the mercy of a few media companies severely limiting their choices in terms of products and offerings . In the same manner , this would inhibit innovation spurred by competition and in the long run affect product quality and integrity . This is disastrous for the media and communications industry as the monopolization of a few companies will reduce the public s option in information and communication products and limit their influence in business decisions with regard to product pricing and qualityLikewise , allowing more mergers in the print and media industry would be against the moral clause (Hinman , 2002 ) as it would pave the way for the concentration of capital and resources in the turn over of a few giant companies . It would create an unfair good in favor of the first tier media giants such as GE , AOL /Time Warner , Viacom , and Walt Disney Co . who will have the ability to control a large portion of the market to the scathe of minor industry players . The...If you want to get a mount essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper