R-U-Q-R-U said:
The market determines ownership -- the state should NOT be involved if that is what you are getting at.
Actually, here is where you and I disagree. If left to the market determining ownership, corporate rules apply. Maximize profits. Everything else is secondary. Let's leave the case of newspapers aside. Out of town papers are available almost everywhere.
Let's talk about the case of broadcasters. Supposedly, the airwaves belong to everyone, not corporate entities. In the case of the government, they are acting as our proxies in determining who uses what. The government is supposed to be looking out for its citizens' best interests. From what I see, this actually does happen occasionally in the federal government.
It has been shown that the best engine for promoting improvement and advancement is competition. The best environment to maximize profits is in a monopolistic setting. The people (you and me) are better served in a competitive environment.
I don't see anything wrong with the government encouraging competition by regulating the use of a resource that belongs to everyone. I agree that with so many sources of information, it's almost impossible for a few sources to dominate the news landscape, but for many, they still do.
Most people still get their news from broadcasters (NBC, CBS, radio, cable). Another of my previous statements was that I think people need to get their news from many sources.
If most people get their news from broadcast and all broadcast is owned by the same company, this doesn't happen. I think the FCC failed its constituency when it changed the station ownership rules to allow a greater concentration. That is, if its constituency is the American people, not business.