Reference no: EM132781190

In the United States, legislators constantly create pieces of legislation that affect regulations of every domestic industry. These bills can either increase regulations on an industry, which create rules that companies must follow, or decrease regulations, which promotes a more laissez-faire approach towards governing. Bills have the power to drastically change how an industry operates. Additionally, federal agencies often create policies that affect different industries, such as the Federal Communication Commission and their fields of interest (interstate communications by radio, television, wire, satellite, and cable). Over time, the telecommunication industry and Internet service providers have undergone changes just like any other industry. It is critical to understand that these rules affect how an industry operates.

Prompt:

-How does technology benefit from government involvement?

-How does regulation affect the process of innovation?

-How does these two affect the market and market participants?

-Regarding information, should the government regulate the information websites collect and how they use it?

-How far should the government go to regulate the Internet? Consider recent events such as Trump and TikTok, talks about Section 230 and the first amendment, etc.As you formulate your response, take into consideration radio, television, cable, satellite, and wire - how has the government's regulation changed on this over time? Do some outside research on these topics and recent events and then discuss your evaluation on regulation with technology. You may want to include credible sources to support and strengthen your analysis. Be sure to cite accordingly.