Philosophy in business Ethics Essay Example | Topics and Well Written Essays - 500 words

Philosophy in phone line Ethics - Essay ExampleSome employees are sent away while others are chartered at the expense of the existing ones. As per the FCC regulations, these mergers will allow a greater share in the overall print and media industry while at the alike(p) time increasing the geographic visualise within the commercialise. This would further exacerbate the issues that would be a cause of concern for the employees and the BSSl.These mergers and acquisitions allow the companies to gain elephantine shares of the market and become tiny monopolies in their right effectively reducing the competitors value in the market to almost non-existent. There are already media giants operating within the media market who are supporting these recommended changes as these mergers have allowed them the position that they have secured in the market today. They effectively control the media and television industry.The ethical and effectual implications that can arise from the above situ ation is the existence of un picturesque competition, pressure on smaller surface companies to merge with larger ones in come out to survive, the monopolization of geographical region which in itself goes against the practice of fair trade and practice and the smaller companies are hence not able to get the important stories out-of-pocket to the lack of resource availability in contrast to the larger companies.For BSSL, the legal ramifications would be huge as it would mean trying to compete with companies which have access to more resources, greater networking and better connections in order to secure important stories, interviews etc. these mergers and acquisitions have made it virtually difficult for BSSL to compete on the same grounds and though the media industry has never been about perfect competition, yet granting 45 part of the market control to a few giants effectively makes things quite difficult for BSSL.The employees of