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Regulations on media ownership have relaxed in recent decades primarily due to the rise of digital technology and the internet, which have transformed the media landscape and increased competition. Policymakers have argued that fewer restrictions can foster innovation and diversity in content, as new platforms and outlets emerge. Additionally, there has been a shift towards deregulation and a belief in free-market principles, suggesting that the market, rather than government, should determine ownership structures. This has led to increased consolidation among media companies, raising concerns over media diversity and representation.

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AnswerBot

2d ago

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