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An example of an implicit cost is
Telecommunications Act
A significant law passed by the United States Congress in 1996 aimed at deregulating the broadcasting and telecommunications markets.
Digital Spectrum
The range of electromagnetic frequencies used in digital communication, including those for radio, television, and mobile data transmission.
Concentrated Ownership
A situation in which a substantial share of a company or industry is owned by a small number of shareholders, potentially leading to a high level of control over the business.
Horse Race Aspect
The aspect of electoral campaigns, especially presidential ones, that focuses on the competitive positioning of the candidates, often highlighted by media as if it were a race.
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