The New Information Industry

the long version

Traces the development of the regulatory regimes and their evolution in light of competitive changes. Analyzes how the manifold structure of regulation has often failed to respond to recent developments and in many respects has outlived its usefulness. Describes how developments in this new industry raise far-reaching First Amendment issues. Outlines how First Amendment protections can and should be extended while preserving to regulators certain powers to redress failures of competition.