• givesomefucks@lemmy.world
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    5 months ago

    If only we enforced anti-trust laws…

    Back in the day wed split up monopolies with those laws.

    DOJ went after Sinclair like 5 years ago, but it was about price fixing with other stations because they were colluding to raise ad prices for billion dollar corporations.

    And they just had to pay a settlement.

    It’s sucks the government acts to defend corporations but not people.

    • Semi-Hemi-Lemmygod@lemmy.world
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      5 months ago

      Until 1997 there were fairly strict limits over who could own what broadcast stations in given markets. Then the neoliberal bug bit everyone’s ass in Congress and they passed a bipartisan bill that would let people own as many radio stations as they wanted, and way more TV stations than they should.

      Suddenly every radio station became the same, and now most local news is owned by one batshit corporation.

      Maybe trusting companies is a bad fucking idea.

    • kandoh@reddthat.com
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      5 months ago

      The failure of the western political class these past 30 years can be summed up as this:

      If it makes a lot of money, how can it be a bad thing?