The Broadcasting Act 1990
The 1990 Broadcasting Act provided for the abolition of the IBA and its replacement by the Independent Television Commission. The IBA continued to regulate radio under the new name of the Radio Authority, but with a different remit.
As a "light-touch" regulator (although heavier than the ITC), the Radio Authority was to issue licences to the highest bidder and promote the development of commercial radio choice.
Read more about this topic: Independent Local Radio
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