Silicon Alley build a US$2 billion graduate school of applied sciences on Roosevelt Island, with the goal of transforming New York City into the world's premier technology capital. As of 2013, Google's second largest office is located in New York. Verizon Communications, headquartered at 140 West Street in Lower Manhattan, was in 2014 in the final stages of completing a US$3 billion fiberoptic telecommunications upgrade throughout New York City. This revival was not restricted to Lower Manhattan, but was spread throughout New York City. Hence "Silicon Alley" has been considered by some observers to be an obsolete term. Silicon Alley Silicon Alley,
Concentration of media ownership in Turkey Radio and Television Enterprises and their Media Services (2011), for audio-visual media. The Turkish Competition Authority ("") is entitled to take action against distortion of competition according to another law, i.e. the Law on the Protection of Competition. Therefore, as for the broadcasting sector there are sector-specific regulatory safeguards against a high horizontal concentration. For instance, the Law requires companies that are about to take over or merge with others to seek permission from the Radio and Television Supreme Council (Radyo ve Televizyon Üst Kurulu- RTÜK) and to inform it about transactions not later than 30 days after their completion.