Just about. Here’s a striking example of industry incumbents trying to block technical and business advances that threaten local advertising monopolies. Apparently it is not in the public interest for the public to have too many choices.
WASHINGTON, April 16 (Reuters) – U.S. radio broadcasters have asked federal regulators to bar rival satellite radio services from offering content tailored to local markets, according to a petition obtained on Friday.
[. . .]
The broadcasters’ group demanded that the Federal Communications Commission, which licenses satellite services, explicitly ban their rivals from using any technology to offer content in one area that is different from another location.
Congress should pass a law allowing open trading of radio frequencies. Then let’s “explicitly ban” the FCC, which is the regulatory life-support machine for a huge political ecosystem of parasites and rent-seekers.