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why media quality, plurality and standards

01 / 10 / 2021 Essays & Coursework 1

This paper circulates around the core theme of why media quality, plurality and standards together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

As a result of market liberal approach to governmental interventions adopted under the Enterprise Act 2002, the governmental intervention to stop a cross-border acquisition has been rather restricted, permitting such intervention only on “exceptional public interest” grounds, which include national security concerns and taking action to ensure the stability of the UK financial system, and media quality, plurality and standards. Mergers and takeovers are scrutinized by competition authorities examining whether a transaction has or may be expected to result in a substantial lessening of competition. A number of important issues have been highlighted by the takeover of Cadbury by Kraft in respect of the way the foreign takeovers of UK companies are conducted. In such takeover of Cadbury, one of Britains most historic and reputable companies, even if concerns in political circles and the public were echoed, the governmental powers were severely limited and it did not take any action to prevent the bid or secure commitments to protect British factories and jobs – severe consequences due to the decision of the new controller to closure the Somerdale factory. On the one hand, this rule was considered that it increases the stockholders’ interests value and revitalizes UK companies. Furthermore, the government’s judgment and intervention could be too exposed to political lobbying, so granting more powers to the government may have negative consequences. On the other hand, the UK politicians found that the consequences were dismaying (Strine) for the country and the government has no powers to protect national interests. Issues also emerged about whether shareholders sovereignty leads to well informed and favourable for the company decisions. For instance, there were concerns that Cadbury takeover was ultimately decided by institutional investors motivated by short-term profits rather than investors concerned about long-term interests at heart (short-termism in decision-making).

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