Tuesday, 7 January 2014

Identifying Regulatory Issues

Monopoly

A monopoly is when someone has control over a load of services in a particular market. Rupert Murdoch is owner of lots of companys in media. In the UK there are laws which makes sure he dosen't have a monopoly in the UK. If there was to be only one monopoly then there wouldn't be any new ideas or competition in the markets.



Consumer Choice

It allows consumers to choose how they want to buy a certain product. In TV there is a lot of diversity because lots of TV producers make different programes to suit consumers need.



Censorship

Censorship is making sure people of certain ages watch what is suitable for them. In media there are a few groups that look after censorship. The ASA look after adverts in media, they look at adverts and ban ones that have bad content in it.

Under 18's

Under 18's should be protected as they are not classed as a adult yet. There are some laws to protect under 18's Advets that are about alcohol need to be intentionally not aimed at minors so under under 18's aren't encouraged to drink alcohol.

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