A Microradio Movement Surfaced in the 1990s and Raised the Ire

question 12

Multiple Choice

A microradio movement surfaced in the 1990s and raised the ire of both broadcast regulators and the industry; these microstations are referred to as:

• A) LPFM
• B) HDFM
• C) MPX
• D) AOR

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Definitions:

Herfindahl-Hirschman Index

A measure of market concentration used to evaluate potential antitrust concerns, calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers.

Industry

The collection of businesses and activities involved in the manufacturing, production, or provision of goods and services in a particular sector.

Firm(s)

Businesses or corporations established to perform economic activities, such as producing goods or offering services to consumers.

Dango

A Japanese term referring to informal gatherings or consortia where companies collude, often used in the context of bid-rigging.