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Scarcity Doctrine
The court has found that there is no limit, other than economic, on the number of newspapers, books, magazines, or pamphlets that can be printed and circulated. But there is a physical limit on the number of television or radio stations that can operate in a given portion of the broadcast spectrum. Accordingly, said the Court, broadcasting is a public resource, much like the national parks or navigable rivers; this gives the government the right not only to allocate frequencies but also to set standards to ensure that their use will promote “the public convenience, interest, or necessity.”
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