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President Theodore Roosevelt created the Bureau of Corporations to investigate the practices of increasingly larger American businesses.
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The government had an obligation to stop someone from "falsely shouting fire in a theater".
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This was intended to bring order to the chaotic situation that developed a result of breaking down of earlier wireless acts.
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This has been charged with regulating interstate and international communications by radio, television, and satellite.
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Prohibiting a broadcaster from owning a radio station and a tv station in the same market.
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The review will cover rules pertaining to traditional broadcasters as well as cable and satellite carriers.
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Bans ownership of both a newspaper and a television station in the same market.
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The number of television stations any single entity could own grew from seven in 1981 to 12 in 1985.
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FCC conducts a round table on media ownership policies.
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It reports that the FCC will conduct a review of media ownership rules.